|
|
Article: Internal restructuring at Valentino Group. (Valentino Garavani SpA)
- Article from:
- WWD
- Article date:
- July 13, 1988
CopyrightCOPYRIGHT 1988 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)
|
INTERNAL RESTRUCTURING AT VALENTINO GROUP
MILAN -- Valentino Garavani SpA, the holding group fo Valentino, has undergone an internal restructuring. It's a move which better prepares the designer's company to go public on the Milan Stock Exchange, although there are no immediate plans to do so, according to the company's counsel.
The company is owned by Valentino Garavani and Giancarlo Giammetti, with Valentino the majority shareholder.
Up until now, Valentino and Giammetti had been nominal heads of each of the company's three divisions. These positions have now been given to staff members, while Valentino continues as honorary chairman and ...