If the Gucci family era of ownership of the Gucci business might be seen as a Game of Thrones/Succession-style battle, the Italian-born, Harvard-educated attorney Domenico De Sole could be seen as the winner. Theres no indication that Pudfoot performed at the event. In 1993 Guccio Gucci SpA, whose supple loafers adorned some of the worlds wealthiest feet and whose distinctive handbags were draped over many a pampered shoulder, lost over $22 million on revenues of $230 million. They are a bit smaller than we are, but their ready-to-wear sales are considerably larger than ours. In an exclusive interview with Vogue India, Forden tells us about the day of the murder, why she believed Patrizia had Maurizio killed and more. '72", "Domenico De Sole's Latest Role: Chairman Of Sotheby's", "Sotheby's Sold for $2.7 Billion to French Media Titan Patrick Drahi", "Suit Against Knoedler Gallery Over Fake Rothko Continues After a Settlement", "Photos from House of Gucci Cast vs. Real Life", https://en.wikipedia.org/w/index.php?title=Domenico_De_Sole&oldid=1090921643, Articles with unsourced statements from January 2022, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 1 June 2022, at 04:46. This email will be used to sign into all New York sites. In 1995, the pair helped take Gucci public on the Amsterdam and New York stock. Domenico De Sole, former president and CEO of Gucci Group, looks back on the death of Maurizio Gucci in 1995, and his impact on the company. It was likely Aldo Gucci who began the story that the family was descended from noble saddlemakers to the medieval courts, when his father and company founder Guccio Gucci actually began his. But Paolo did suspect it was Maurizio who had called the authorities on him. Scott adorns the Machiavellian world of the Guccis with lavish gowns, glittering jewelry, and comical accents. [6] Eleanore De Sole has served on the boards of the Savannah College of Art and Design, Georgia, and the Aspen Art Museum, Colorado. In 1993, after Maurizio sold his 50% interest in Gucci to the same investment firm he had brought in to buy up his relatives shares, there would no longer be anyone from the Gucci family involved in running Gucci. AMSTERDAM, Netherlands (Reuters) -- Gucci Chief Executive Domenico De Sole and designer Tom Ford, who built an almost bankrupt family firm into the world's number three luxury goods company, will . We just want to dive into a pool without having to hold onto our bottoms. Domenico De Sole took the stand in U.S. District Court in Manhattan on Wednesday, testifying in front of the fake Rothko that he purchased at the Knoedler Gallery in 2004 for $8.3 million.. Domenico De Sole will also leave at the expiration of their contracts in April 04. Laura De Sole, Vice President, La Mer Global Product Marketing at The Este Lauder Companies, married Benjamin Baccash in 2013. During the trial, she would become The Black Widow. (She would also sometimes be referred to in the press as Lady Gucci, a prescient irony for the woman who would later be portrayed on screen by Lady Gaga.) Last month, I had the chance to sit down with Domenico De Sole, chairman of TOM FORD, at the National Retail Federation's annual Big Show. In actuality, the company was founded by Guccio Gucci, Maurizios grandfather. Their sudden departure from the Gucci Group in April 2004 rocked the global fashion business. With the authorities tipped off by his own son Paolo, Aldo was sentenced to one year and one day for tax evasion in an American prison in 1986 at the age of 81. If no deal emerges, Guccis stock will probably drift down a bit (its Drs were $70 each on Jan. 20), but it wont collapse. Oscar Futures: Whos in the Lead As Voting Begins? She was also friends with Orlando, who had described the Gucci successor to her the previous night. He and another Gucci executive, Allan Tuttle, visited Reggiani at her home on Milans Corso Venezia in the aftermath of the Maurizios death. Two years later, in January 1997 the year of Fords harness dress and GG thongs and with sales still climbing, De Sole remembers getting a call, midmeeting, at the Gucci offices in Milan. De Sole took over Gucci at a tricky time for the company: Having run Gucci America for nearly a decade, he returned to his native Italy in the early 90s to become chief operating officer of the parent company and, not long after, the CEO. The problem with Maurizio was discipline and execution he couldnt do it. At Rodolfo's urging, De Sole later joined the Gucci company, but he did so only in 1984, 12 years after Maurizio started in the family business. Toward the end of his life, as he battled cancer, Rodolfo would premiere Il Cinema Nella Mia Vita, or The Film of My Life, in part a documentary about his own life and in part a plea to Maurizio to safeguard the family legacy. The fashion heir, nevertheless, finds her attractive. Paolo Gucci (Jared Leto) MGM. In . Maurizio was later acquitted of the charge, brought forward by his cousin Paolo (Jared Leto). The true story is changed for the movie but in real life, Patrizia and Pina had been longtime friends beforeorganizing the meeting for the hit to be placed on Maurizio Gucci, booking Ivano Savioni and Benedetto Ceraulo as hitmen. Born in a small Italian In 1980, Aldo dismissed him from the company. But glaring gaps remain. Tom Ford and Domenico De Sole at their final show in 2004. Leaving Gucci in Style. Domenico, a native of Italy, is the former CEO of the Gucci Group; in 2005, he co-founded and today continues to serve as chairman of Tom Ford International and is the CEO of Sotheby's. The couple's daughters work in the fashion and beauty industries like father, like daughters, it seems. Two years ago Jacques Mouclier, the former chief of the French Federation Franaise de la Couture, the governing body of Gallic fashion, described Arnault to this reporter this way: Arnault tends to be a bit of a mode dictator. By that Mouclier meant that, in fashion matters, the lvmh chairman will countenance creative outburst, but no opposition on the management level. The whole show is in a silly, goofy mood. Movies. Dateline NBC's "Murder in the House of Gucci" airs Friday at 9. In House of Gucci, Jeremy Irons-as-Rodolfo growls in a low voice, I am told she is vulgar and ambitious, a social climber who has nothing in mind but money. Those sentiments matched the real-life Gucci heads, causing a rift between father and son. On an emotional level, it was a horrible thing to have happened, and very sad.. HISTORY 1923: Florence, leather goods 1930s: Mussolini, new material, canvas, producing small leather goods, wallets and belts 1953-1973: more shops in USA ,Europe, Japan 3. Out of greed and rage, she ordered the hit on her ex-husband. At Rodolfo'surging, De Sole later joined the Gucci company, but he did so only in 1984, 12 years after Maurizio started in the family business. The reasons behind these snubs aren't exactly clear, though it could be thatHouse of Gucci's length held it back a little. But by 1994, Maurizio planned to marry Franchi. I would bump up the glamour level a bit.. The settlement marks the end of a prolonged and miserable period in the history of the art market. Unhappy trade creditors were banging on Guccis doors. "You can't make yourself creative," he said. But he ultimately lost the war. I still feel offended.. Alessandra Gucci's birth marks an important moment in the movie's story, as it happens around the same time Driver's Maurizio begins to work for the family business. When De Sole departed, revenues for all of Gucci Group which by then had expanded to include brands such as Yves Saint Laurent, Balenciaga, Alexander McQueen, Stella McCartney and Bottega Veneta were more than $3 billion. We are not a retailing company, he booms. De Sole considers this last kind of door especially important in managing the Gucci brand. The company wont announce its 1998 results until mid-February, 1999, but its a good bet theyll be strong:over $1 billion in revenues, at least $185 million (nearly $3 a share) in aftertax profits. Eileen Kinsella, August 28, 2019 A courtroom sketch of Domenico De Sole on the witness stand with the fake Rothko painting he bought from Knoedler gallery. Its a melodramatic tale about a family known for self-mythologizing; the Guccis kept the brands true origins secret for decades. De Sole has said he wants to spend more time with his wife and two teenaged daughters who live in the Washington, D.C., area, and sailing his 20-meter sailboat, moored in Chesapeake Bay. In the film, pushed by a manipulative Patrizia, Maurizio makes a pact with Paolo: If his cousin throws in his support, the pair will push Aldo out of the company and take over Gucci under the name Gucci Licensing Services. Jack Huston: Domenico De Sole. [9], In the 2021 film House of Gucci, directed by Ridley Scott, De Sole was portrayed by actor Jack Huston.[10]. NYFW Fall 2023 Street Style Hair Trends: Unexpected Updos, The 20 Best Slouchy Bags That Exude Laid-BackStyle, NYFW Street Style Recap: The Fashion Crowd GoesGreen, Noah Cyrus Confidently Freed the Nipple in a Showstopping Mesh Look for Milan Fashion Week, Evanna Lynch Addresses J.K. Rowling Trans Controversy, Says the Author Advocates for Most Vulnerable Members of Society. This years additions will include a 650-square-meter flagship store in Central Tokyos superchic Aoyama district and a store nearly twice that size in the commercial Shinjuku quarter. In Fordens book, as Maurizio rises in the company, his own father, Rodolfo, tells Patrizia, Once he gets money and power, he will change. Those words would prove prophetic, as Maurizio would ultimately maneuver his own family members from the company. However, this was a huge drawback for Gucci group because Tom Ford was once . Yet House of Gucci can only strive to capture the larger-than-life aspects of the Gucci family and those in their circle. The scene is Gaga at her most menacing: Adorned in a black leather jacket, with even darker mascara and unkempt hair, she points her finger at the numbskull killers, issuing the unsettling instruction, Dont miss. Initially, Pina acted as an intermediary, finding Benedetto Ceraulo to serve as the gunman and Orazio Cicala, a local pizzeria owner saddled with debts, as the getaway driver. . Trained at New Yorks Parsons School of Design in interior architecture, Ford started off in the spring of 1995 with a womens wear collection that featured dramatically asymmetrical lines and touches of color. But Domenico De Sole (Jack Huston), the family's longtime lawyer, turns up at their daughter's soccer game to serve her the divorce papers. Less than six years later Gucci Group, as the company is now called, is coining so much money from one of the planets hottest brand names that the company has become a takeover play. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. [2], De Sole was president and CEO of Gucci Group from 1994 to 2004. 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