Zoe Saldana wore this floor length halter neck dress from Chloé 2012 resort collection this weekend. The actress teamed the dress with a pair of Valentino wedges to attend The Foundation Polo Challenge in Santa Barbara. Although the look works, it doesn't compare to the red carpet looks she was churning out while promoting the last 'Star Trek' movie.
Alessandra Fachinetti is not a name that has been in the press of late, which is a far cry from before where her name was everywhere following her drmatic dismissal from Valentino despite her largely succesful collections at the house.
But all is well. Last week the designer announced that she has ust signed a deal with Pietro Negara, the company behing Pinko, to work on a line called Uniqueness, which will be unveiled in October during Paris Fashion week.
Good news for Valentino: the label could be back in the black if sales stay strong through the holidays. That would be the first time the brand has turned a profit since 2007, when the London-based Permira group purchased it.
Valentino has been through a tumultuous few years, with Garavani retiring in 2008, Alessandra Facchinetti taking over the design reins and then being swiftly fired, and new designers Maria Grazia Chiuri and Pier Paolo Piccioli finally taking over. From a sales perspective, the label has also been struggling to regain its footing. Garavani had focused his intentions strongly on couture at the expense of offshoots like accessories, which now bring in half the brand's revenue, points out Fashionologie. And despite Facchinetti's appeal with critics, just 28 percent of her Fall '08 collection sold at full price - a strong indication of how a label is performing financially.
“We loved working with [Facchinetti],” Chiuri said to WSJ. Now that the label's new creative directors are bringing a younger spin on Valentino, industry leaders see opportunities for growth. Sales rose 10 percent for the first six months of this year, and store traffic has risen 15 percent.
But what does Valentino himself think of the new direction - and future - of the brand? According to label CEO Stefano Sassi: “You want the founder’s approval, but you also want to show that you are forging your own way. Do you want people to think he is OK with the things you’re doing? Yes. But do you want them to think that it is business as usual? I’m not sure.”
In a rather confusing (and lengthy) court case, luxury Italian designer Valentino has finally won the battle over a company called Florence Fashions over the use of the Valentino trademark.
Washington DC-based intellectual property firm Rothwell, Figg, Ernst & Manbeck won the case on June 25th for Valentino U.S.A against Florence Fashions (Jersey) Limited, with the Trademark Trial and Appeal Board (TTAB). The TTAB ruled that "Valentino established priority of use and that a likelihood of confusion existed between the Valentino marks and Florence Fashions' Giovanni and Gianni Valentino marks."
If, like us, you know little about trademark rulings and court precedures, a lawyer from the firm that represents Valentino spoke to Fashionista about the case.Read more after the jump