Word: valentino
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...Valentino Garavani, 75, the Roman couturier who has dressed some of the most famous women in the world, including Jacqueline Onassis, Elizabeth Taylor and Cate Blanchett, will retire in January after his haute couture show in Paris. Alessandra Facchinetti, a former designer of Gucci, will replace the legendary couturier as creative director of the Valentino women's collections, it was announced Wednesday by the London-based private equity fund, Permira, which owns a controlling stake in Valentino Fashion Group...
...long-anticipated announcement comes on the heels of the elaborate 45th anniversary celebration in Rome last July where Valentino and his longtime business partner, Giancarlo Giammetti, entertained the likes of Uma Thurman, Silvio Berlusconi and Princess Caroline of Monaco throughout a three-day spectacle that included a dinner held on the ancient foundations of the Temple of Venus and a ball for 1000 guests in a 17,000 sq. ft. tent erected especially for the festivities in the Villa Borghese Gardens. The celebration, which Valentino Wednesday called "a moment of infinite magic and tremendous joy," was rumored to cost upwards...
...Back in May, Valentino told TIME that he was thinking of retiring and was waiting for a successor to be chosen. He said that his preferences were Nicholas Ghèsquiere of Balenciaga or Alexander McQueen. "Someone who knows fashion," he explained, although it is unclear how much say the couturier really had in the choice, given that Permira had already targeted Facchinetti when they closed the deal on the Valentino purchase...
...Valentino python bow clutch ($1,295, at Valentino boutiques or valentino.com...
Pavé, a popular setting for diamond jewelry?the close placement of the stones maximizes the sparkle, while the typically small size of the diamonds minimizes the cost?is the latest technique designers are using (usually with crystals) to create accessories that dazzle. Giorgio Armani and Valentino have both taken a shine...