How much did Valentino sell his company for?
HdP was known for its investments in a variety of industries, including automobiles, finance, and telecommunications. The company’s acquisition of Valentino was seen as a strategic move to expand its portfolio and capitalize on the growing luxury fashion market. Valentino was at the peak of its popularity at this time, known for its timeless designs and luxurious aesthetic. HdP’s investment signaled its belief in the brand’s long-term potential.
Following the sale, Valentino continued to operate under the creative direction of Garavani, who remained as designer until 2008. The acquisition by HdP brought with it resources and expertise that allowed the brand to expand its global reach and presence. The brand’s continued success under HdP’s ownership demonstrated the value of the acquisition and the strategic foresight of both Valentino and HdP.
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