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Article: INDUSTRY REACTS TO FASHION SHOCKER.(Tom Ford, Domenico De Sole to leave Gucci Group)
- Article from:
- WWD
- Article date:
- November 5, 2003
CopyrightCOPYRIGHT 2003 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The departure of Tom Ford and Domenico De Sole from Gucci Group will be a watershed moment for the luxury goods industry, one that portends a giant shift in the dynamics of global branding, designers for hire and rebuilding a historic label -- all of which are concepts Ford and De Sole either invented or perfected.
Many corners of the fashion world were shocked by the development on Tuesday, even though there had been signs of a potential fissure in the Gucci world coming for months, as the team of designer and executive had clearly stated they would leave if their terms were not met. Still, their ultimate decision to walk away from the famed house became a ...