With the death of Italian designer Gianfranco Ferre, the announced retirement of Valentino Garavani and the running of Salvatore Ferragamo’s company by his widow and decendants there looks to be a changing of the guard. In a recent AFP article highlighting the generational changes, top Italian designers spoke about taking their companies public and the difficulties of they face in changing designers. Ferragamo is one of the designers looking to stop the revolving door policy. With the recent departure of Graeme Black and the ascent of Cristina Ortiz to the top design spot, Ferragamo is looking to finally gain stability at the top.
The article ends with a look at Armani and Giorgio Armani’s continuing stranglehold over the reins of the company. A generational change won’t be happening there for awhile as Armani has no heirs and continues to design, manage and administrate with the same vigor he had when starting the company.
The full article can be read here.