Givenchy is a great name but it’s difficult after all to build an identity of a house around nothing really substantial.
Clare’s Couture was good because it felt modern and clean and somehow timeless. Sometimes it was clearly too over the top.
I really think that LVMH’s strategy of looking for a star designer was the demise of Givenchy. They have internal talents that deserves to have a voice too…I think about the gorgeous and strong precollections at Fendi. Those people needs voices!
Add to that the fact that executives are looking for a designer that can do womenswear and menswear. You have that added pressure…But a lot of designers in the forefront don’t have the talent, the vision or the expertise to handle such a situation. There’s too much emphasis on looking for somebody that has a following, a community…Between a socialite or a creative director.
Yes the financial strength of Riccardo’s Givenchy was on the print items, the sneakers, the bags, the accessories but there was good RTW.
But the fashion credibility of the house was there thanks to his skills. Yes he could do a Rottweiler t-shirt but once it was time to do a cocktail dress to appeal to a more formal crowd, it worked.
The clientele is diverse and you need to be skilled and versatile to appeal to those people. Even more when you are doing menswear and womenswear.
Was Michele let go early?
The impromptu nature of the announcement among other things indicate that they came to that decision right after negociations. I mean he was fired to be less gentle. For either a 3 years or a 5 years renewal after his first contract he should have never left the company this early.
But I think the departure of Michele is interesting compared to the one of Lee. Obviously, the tension was higher at BV so they were able to figure out a plan of replacement. Now they are still figuring things out at Gucci.