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Gianfranco Ferré
Gianfranco Ferré (Italian pronunciation: [dʒaɱˈfraŋko ferˈre]; 15 August 1944 – 17 June 2007) was an Italian fashion designer also known as "the architect of fashion" for his background and his original attitude toward creating fashion design.
Ferré was born on 15 August 1944 in Legnano, near Milan in Lombardy, in northern Italy, the first child of Luigi Ferré and Andrea Morosi. He attended the liceo scientifico of Legnano, and then, from 1963, studied architecture at the Polytechnic University of Milan in central Milan, where he graduated in 1969.
Ferré began his fashion career in 1970 by designing accessories, then worked as a raincoat designer in 1972–74.[citation needed] He started his own company Baila in 1974, and launched his signature collection for women in 1978.[citation needed] His first men's collection appeared in 1982, followed in 1986 by his first couture collection in Rome.[citation needed]
Ferré became Stylistic Director of Christian Dior in Paris in 1989, when he was chosen by owner Bernard Arnault to replace Marc Bohan.[citation needed] In 1994, Ferré designed the Lady Dior handbag. In 1996, it was announced that Ferré would end his engagement with Dior with the Spring 1997 collection for the label.
Ferré founded his eponymous womenswear line in 1978 and in the same year founded the Gianfranco Ferré company. He kept his own line in Italy while he worked at Dior. His own label is more relaxed and pared-down than Dior. Sophisticated white shirts have become the symbol of his personal signature in fashion design.
The company achieved total sales of 950 billion Lira ($589 million) in 1994, an increase of 15% over 1993, which had enjoyed a similar increase over 1992 sales. Ferré's 14 licences contributed 58% to total sales in 1994. In 1996, total sales were already at 1250 billion Lira ($811 million).
The Gianfranco Ferré S.p.A. is the holding company that coordinates the fashion business of the Ferré label. It was owned by Gianfranco Ferré (Creative Director) and Franco Mattioli (Chief Financial Officer) in equal shares until it was sold to IT Holdings in March 2002. Recently, Ferré announced that the group plans to become listed at the Milan stock exchange. In order to prepare for this movement Ferré started to rearrange the holding significantly. The first step was the recruitment of experienced management personnel under the guidance of Giuseppe Cipriano. The next step is the reduction of the number of subsidiaries from today 21 to four or five in the future. Another move is the acquisition of the apparel producer Dei Mattioli, which is owned by Mattioli. Ferré also seems to be interested in acquiring some of his contractors, in order to have more control over the production.
In 2000, Gianfranco Ferré sold 90 per cent of his company to Gruppo Tonino Perna, the parent company of the Italian fashion group IT Holding SpA, for a sum estimated by analysts to be between $150 million and $175 million.
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Gianfranco Ferré
Gianfranco Ferré (Italian pronunciation: [dʒaɱˈfraŋko ferˈre]; 15 August 1944 – 17 June 2007) was an Italian fashion designer also known as "the architect of fashion" for his background and his original attitude toward creating fashion design.
Ferré was born on 15 August 1944 in Legnano, near Milan in Lombardy, in northern Italy, the first child of Luigi Ferré and Andrea Morosi. He attended the liceo scientifico of Legnano, and then, from 1963, studied architecture at the Polytechnic University of Milan in central Milan, where he graduated in 1969.
Ferré began his fashion career in 1970 by designing accessories, then worked as a raincoat designer in 1972–74.[citation needed] He started his own company Baila in 1974, and launched his signature collection for women in 1978.[citation needed] His first men's collection appeared in 1982, followed in 1986 by his first couture collection in Rome.[citation needed]
Ferré became Stylistic Director of Christian Dior in Paris in 1989, when he was chosen by owner Bernard Arnault to replace Marc Bohan.[citation needed] In 1994, Ferré designed the Lady Dior handbag. In 1996, it was announced that Ferré would end his engagement with Dior with the Spring 1997 collection for the label.
Ferré founded his eponymous womenswear line in 1978 and in the same year founded the Gianfranco Ferré company. He kept his own line in Italy while he worked at Dior. His own label is more relaxed and pared-down than Dior. Sophisticated white shirts have become the symbol of his personal signature in fashion design.
The company achieved total sales of 950 billion Lira ($589 million) in 1994, an increase of 15% over 1993, which had enjoyed a similar increase over 1992 sales. Ferré's 14 licences contributed 58% to total sales in 1994. In 1996, total sales were already at 1250 billion Lira ($811 million).
The Gianfranco Ferré S.p.A. is the holding company that coordinates the fashion business of the Ferré label. It was owned by Gianfranco Ferré (Creative Director) and Franco Mattioli (Chief Financial Officer) in equal shares until it was sold to IT Holdings in March 2002. Recently, Ferré announced that the group plans to become listed at the Milan stock exchange. In order to prepare for this movement Ferré started to rearrange the holding significantly. The first step was the recruitment of experienced management personnel under the guidance of Giuseppe Cipriano. The next step is the reduction of the number of subsidiaries from today 21 to four or five in the future. Another move is the acquisition of the apparel producer Dei Mattioli, which is owned by Mattioli. Ferré also seems to be interested in acquiring some of his contractors, in order to have more control over the production.
In 2000, Gianfranco Ferré sold 90 per cent of his company to Gruppo Tonino Perna, the parent company of the Italian fashion group IT Holding SpA, for a sum estimated by analysts to be between $150 million and $175 million.