Pierpaolo Piccioli Is Exiting Valentino

Pierpaolo Piccoli is parting methods with Valentino after nearly eight years because the Roman couture home’s sole artistic director, in accordance with the corporate, which referred to as the transfer a “joint resolution.”

A brand new artistic configuration will likely be introduced quickly, the corporate stated.

For Piccioli, it’s been 25 years since he first joined Valentino in 1999 to supervise equipment alongside Maria Grazia Chiuri. In 2007, the duo had been handpicked by founder Valentino Garavani to guide the model’s artistic path after his retirement. In 2016, Piccioli grew to become sole artistic director after Chiuri decamped to the French couture big Dior.

“Not all tales have a starting or an finish, some stay a type of everlasting current that shines so vibrant that it received’t produce any shadows,” stated Piccioli. “I’ve been on this firm for 25 years, and for 25 years I’ve existed and I’ve lived with the individuals who have woven the weaves of this lovely story.”

“I’m grateful to Pierpaolo for his function as artistic director and for his imaginative and prescient, dedication and creativity which have introduced the Maison Valentino to what it stands for at the moment,” stated Valentino chief govt Jacopo Venturini.

Final yr, French conglomerate Kering acquired 30 % of Valentino for €1.7 billion — implying a valuation north of €5 billion — as a part of a broader partnership with Qatari funding fund Mayhoola, which controls the model. The settlement gave Kering the choice to amass one hundred pc of Valentino “no later than 2028.”