John Galliano Signs License With IT Holding for Second Line

[softgrey]

Published: Friday, January 27, 2006
John Galliano Signs License With IT Holding for Second Line
By Miles Socha and Amanda Kaiser
PARIS — John Galliano, as nimble with dungarees as couture gowns, is launching a second women's ready-to-wear line with Italy's IT Holding SpA.

This confirms a report in WWD Thursday and represents the latest brand extension for one of fashion's master showmen and most prolific designers. It is also a major development for IT Holding, which has been looking for new cash cows since last year, when it lost its lucrative contract for Dolce & Gabbana's D&G collection.


wwd.com

 

[Ceptuouse]

thanks soft

 

[softgrey]

no prob......

 

[liberty33r1b]

sounds great, imo, can't wait to see the results.

 

[tricotineacetat]

Ewww, I am afraid this won´t turn out very nicely... IT holding´s collections all suck in terms of quality, more recent additions such as Costume National´s C'N'C which I was really looking forward to turned out a major disappointment, he should have teamed up with somebody else.

 

[faust]

Ewww, I am afraid this won´t turn out very nicely... IT holding´s collections all suck in terms of quality, more recent additions such as Costume National´s C'N'C which I was really looking forward to turned out a major disappointment, he should have teamed up with somebody else.

Let's predict the name of the line. I think it will be called S*L*U*T by John Galliano.

 

[Arturo21]

^Very fitting. I can picture tight, dirty jeans with rips, floral embroidery, glitter, and S L U T across the *** in red swarovski crystals.

 

[ultramarine]

S*L*U*T?

That's not Galliano enough ... Id post my idea but I dont wanna get banned!

 

[Lena]

IT Holding has agreed a production and distribution deal for a new line of ready-to-wear women's clothes for John Galliano.
According to a report by the news agency Reuters, the global agreement is an exclusive five-year deal.
Financial details, including the impact the venture will have on the Italian group, were not revealed.
IT Holding will being production and distribution with the Spring/Summer 2007 season collection.

just-style.com

this is real strange.. how did LVMH let this happen?
true i dont trust neither IT Holding nor Galliano, but what really gets me thinking is what does this mean regarding Galliano's/LVMH relationship.. juicy?

 

[softgrey]

...faust...

i agree tric...
all their brands are trashy imo...
i was also wondering about the IT realtionship...

seems odd since galliano is associated with lvmh....

this is what i can figure...
maybe he prefers to keep his own label/business separate from lvmh...
just in case the relationship ever goes sour?...
it's never a good idea to put all your eggs in one basket...
if that is the case...then i would say that's smart business...

or-
maybe lvmh just didn't want to do anything 'secondary'...
cause they really only do 'luxury'...

or-
galliano is getting fired......
which we know is not true...because we know he just signed a new contract last year...

...

 

[tricotineacetat]

I was just wondering, does IT holding belong to any of the fashion conglomerates? I know for sure that John Galliano´s menswear (just as Marc Jacob´s menswear mainline collection) is being licensed by Gibo, which is an independent manufacturer. Maybe this is the same sort of relationship with IT holding??

 

[Lena]

here the whole wwd article of today

PARIS — John Galliano, as nimble with dungarees as couture gowns, is launching a second women's ready-to-wear line with Italy's IT Holding SpA.
This confirms a report in WWD Thursday and represents the latest brand extension for one of fashion's master showmen and most prolific designers. It is also a major development for IT Holding, which has been looking for new cash cows since last year, when it lost its lucrative contract for Dolce & Gabbana's D&G collection.
IT Holding, owner of Gianfranco Ferré and the licensee of lines such as Just Cavalli and Versace Jeans Couture, said the five-year Galliano license would start with the spring 2007 season. The first collection will be presented to the trade in June.
"I think this is a category with huge potential everywhere," said Sidney Toledano, president of John Galliano and chief executive officer of Christian Dior, estimating the line could generate wholesale volume in excess of 100 million euros, or $122 million at current exchange, in three to five years.
"John Galliano is able to do wonderful evening dresses, but at the same time, he's so good at streetwear," Toledano said.
The name of the collection was not disclosed, and price points have yet to be defined, but Toledano said they would be in line with other European diffusion collections and the clothes and accessories would target a young customer. Shop concepts and freestanding stores are also part of the long-range plan, he added.
IT Holding chairman and ceo Tonino Perna was not available for comment Thursday. In a statement, the company said, "The expertise and know-how in the production and distribution of ready-to-wear second lines of Ittierre [the 'young line' division of the IT Holding Group] and the creativity, inspiration and design of John Galliano are the guarantee to a successful cooperation."
Galliano was not available for comment on the new licensing pact, but Toledano said the designer toured IT Holding's facilities in Italy and was impressed with its production abilities and logistics.
Galliano has taken a measured approach to building his signature brand, famed for its bias-cut dresses and a lighthearted and romantic approach to fashion. He added eyewear and lingerie in 2001 and designer men's wear in 2003, the same year he opened his first freestanding boutique on Rue Saint-Honoré here. He shows his fall 2006 men's line tonight as men's fashion week kicks off here. Perna is expected to attend the show.

IT Holding ascended to fame in the Nineties as a manufacturing power, pioneering the concept of diffusion lines such as Just Cavalli, D&G, Versus and Versace Jeans. It also bought a series of brands including Gianfranco Ferré, Malo and Romeo Gigli, which it later sold in 2004. Last July, Dolce & Gabbana announced plans to end its 12-year partnership with IT Holding and take the production of D&G in house. IT Holding's last D&G collection will be for this fall-winter 2006-2007 season. The license generates about 200 million euros, or $244 million, in sales a year, about 30 percent of IT Holding's revenue. Also last year, Versace ended its licensing pact for Versus, although Versace did offer IT Holding a deal for another diffusion line, Versace Sport.
These changes in IT Holding's license portfolio proved all the more significant since the company is still turning around an unprofitable Gianfranco Ferré. Meanwhile, IT Holding's attempt at creating an in-house brand, Exte, has earned lukewarm reviews.
Still, there appears to be plenty of buzz surrounding IT Holding. Earlier this week, Monaco-based jeweler Alberto Repossi said he bought 2 percent of the Italian firm in a bid to develop a Ferré jewelry line and launch a Repossi-branded sportswear collection. IT Holding has not yet issued a statement confirming those plans.http://www.thefashionspot.com/forums/f49/massclusivity-fashion-38580.html

 

[Mr-Dale]

I really doubt that this line will look good. If some of John's main lines are a disgust to some of the people here at least, imagine what would be thought about a secondary line by him. Knowing that most secondary lines are the cheaper versions of main lines, in both senses of the word. Plus, where does he find the time? He designs 8 show collections and many non show collection. Now this? I fear a lack of time and effort to be put in this....

 

[Lena]

but mrDale, believe me he doesnt really design that much,
he just directs a bunch of design teams and approves/dissaproves sketches..

 

[botoxmolecula]

Isn't Dior already a secondary-cheap Galliano's line?