Following Ford's departure, Gucci Group retained three designers to continue the success of the company's flagship label: John Ray, Alessandra Facchinetti and Frida Giannini, all of whom had worked under Ford's creative direction.
2004. De Sole and Tom Ford depart after failing to agree terms with PPR. Ford is replaced by Alessandra Facchinetti. Robert Polet, formerly of Unilever, becomes CEO of Gucci Group while Mark Lee, CEO of Yves Saint Laurent, becomes brand chief.
Ford left Gucci the following year to start his own brand, explaining to Women's Wear Daily at the time that the decision “was about control”. Peter Hawkings joined Gucci when Ford was at the helm in 1998, going on to join his colleague at the Tom Ford brand in 2006.
Gucci has named fashion designer Sabato De Sarno as its new creative director, ending months of speculation about who would take on one of fashion's most coveted roles.
Peter Hawkings, a longtime collaborator of Ford's, will take on the role after his departure, the Estée Lauder Companies said on Friday.
In November 2022 the Tom Ford brand was purchased by Estée Lauder for $2.8 billion. The luxury group previously owned Tom Ford Beauty and Tom Ford Parfums since 2006. Under Estée Lauder, mens and womens ready-to-wear is licensed to Zegna, who previously held the license for menswear.
Tom Ford's collections for Gucci are the stuff of fashion legend. As creative director of the house from 1994 until 2004, he championed all-out sexiness, putting risqué silhouettes and suggestive fabrics centre stage.
Gucci's new creative director is Sabato De Sarno.
Gucci, one of the most storied names in global fashion, has a new designer at its helm: Sabato De Sarno. Mr. De Sarno, currently the fashion director of men's and women's ready-to-wear at Valentino, was unveiled on Saturday by the French luxury group Kering as the new creative director at its marquee brand.
Overall, the collection conveys a confident, wide-ranging and exciting look into the brand's new direction under creative director Matthieu Blazy.
At the close of the deal, after taxes, Tom Ford's net worth increased from $500 million to $2 billion, making him a billionaire. This was the largest acquisition in Estée Lauder's history.
He saved Gucci from bankruptcy
But after Ford became its creative director, Gucci's sales spiked with revenues of US$500 million (S$683.61 million) in 1995.
In 2023, The Estée Lauder Companies became the sole owner of the TOM FORD brand and all its intellectual property. Founded in 1910 in Trivero, Italy , the Ermenegildo Zegna Group (NYSE: ZGN) is a leading global luxury group.
Who runs Gucci now? The current president and CEO of Gucci is Marco Bizzarri, who took his position in January 2015. Prior to joining Gucci, he was the CEO of Bottega Veneta and had served as head of Kering's luxury couture and leather goods division for many years.
House of Gucci has a new and handsome face, and it is none other than Ryan Gosling. 'The Gray Man' himself is now Italian luxury fashion brand Gucci's new ambassador, and he looks stunning while promoting the Gucci Valigeria travel campaign while wearing outfits from Gucci's Spring 2022 collection.
The Gucci family has not been involved with the Gucci fashion house since 1993, when Maurizio sold his remaining stake to the Bahrain-based company, Investcorp. It was later bought by the French group PPR, which is now Kering.
Investcorp bought the remaining 50% of Guccio Gucci S.p.A. from Maurizio Gucci in 1993, ending the family involvement in the group. In March 1995, Maurizio Gucci was shot dead in the lobby of Gucci's Milan office.
She is alive and works at Bozart
She lives in Milan. However, the celebrity confirmed that she no longer wanted to work at Gucci. However, in 2016, she said that her work at Bozart was advising the design team and reading the fashion magazine to keep up with trends and test drive the creations.
According to WWD sources, strong disagreements over the future of the brand caused a rift between Michele and president and chief executive officer Marco Bizzarri, who had championed the designer since naming him creative director of the brand in January 2015.
That's clearly the modus operandi Gucci's newly appointed creative director, Sabato De Sarno, took when he entered the industry almost two decades ago. De Sarno's announcement comes after the legendary Alessandro Michele left the maison in November 2022 after seven years at the helm.
Alessandro Michele is an Italian fashion designer. His work as the Creative Director of the Italian luxury clothing company Gucci is what made him most famous. He took control of the position in 2015. Michele worked as an accessory designer for Gucci before to joining the company.
Tom Ford Revolutionized Gucci
He expanded the company into a number of new projects, including men's and women's sportswear, eveningwear, and home furnishings. Under Ford's leadership, Gucci acquired the famous French brand Yves Saint Laurent, generating a remarkable increase in the company's sales.
Reeve Carney as Tom Ford
The Hadestown actor plays American fashion designer Tom Ford, who once served as the creative director at Gucci.
Each Tom Ford Products Is Crafted By Expert Artisans
As with many other luxury labels, such as Dolce & Gabbana and Versace, Tom Ford is mostly made in Italy by trained artisans. The "Made in Italy" mark is favored by luxury fashion labels because it is associated with superior quality, resources, and craftsmanship.