After Rodolfo disinherited Maurizio, the son packed his bags, eventually going to work for Patrizias fathers trucking company. All rights reserved. Ford, who launched his own company in 2005 after leaving Gucci as well as . But in real life, per Fordens book, Paolos sportswear collection was met with success. Maurizio Gucci wanted to fire Tom, recalls De Sole, but I said no. A very nasty fight erupted over Gucci Americas head designer, a gifted young Texan named Thomas Ford. While Maurizio's death had no impact on the new 1990s Gucci he had sold his shares to his then-minority partner Investcorp in 1993 it was still shocking for some. But Domenico De Sole (Jack Huston), the family's longtime lawyer, turns up at their daughter's soccer game to serve her the divorce papers. '72", "Domenico De Sole's Latest Role: Chairman Of Sotheby's", "Sotheby's Sold for $2.7 Billion to French Media Titan Patrick Drahi", "Suit Against Knoedler Gallery Over Fake Rothko Continues After a Settlement", "Photos from House of Gucci Cast vs. Real Life", https://en.wikipedia.org/w/index.php?title=Domenico_De_Sole&oldid=1090921643, Articles with unsourced statements from January 2022, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 1 June 2022, at 04:46. Do Not Sell or Share My Personal Information. Before long the part-time job had become full-time, and De Sole was butting heads with Maurizio Gucci, who took over management of the parent company in 1984. De Sole considers this last kind of door especially important in managing the Gucci brand. On a scale of laminated-eyebrow drama to Lemon Lady Secrets. Maurizio's cousin Paolo's flamboyant fashion sense is matched by the wonderful pasha interior of his Porsche 924. These scenes depict Patrizia as an out-of-her-depth gold digger; she tries to make small talk with Maurizio but struggles to keep up when the conversation veers to something academic (you almost wonder what they ever talked about). You should let it, He put $40,000 on credit cards to make his first film. Gucci's production volume increased 277% and it was a huge success for Gucci. House of Guccifocuses on the Gucci family business starting from the 70s, following the jet-set couple Maurizio Gucci (Adam Driver) and Patrizia Reggiani (Lady Gaga) from the beginning of their relationship. In return, Maurizio promises to support Paolos designs. His brother Rodolfo retained a 40-year-old Harvard Law School-educated lawyer named Domenico De Sole to handle the case. The problem with Maurizio was discipline and execution he couldnt do it. did domenico de sole betray gucci It is based on the 2001 book The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed by Sara Gay Forden, itself based on real events. And it makes Domenico De Sole, chairman and chief executive officer of the Gucci Group, seem like a miracle worker. Theres no way anybody else could have given him that shoe, except Maurizio. Yet House of Gucci can only strive to capture the larger-than-life aspects of the Gucci family and those in their circle. Gucci sells its products through three kinds of outlets . While many of the details shared in House of Gucci reflect what happened in real life, some things were left out or happened differently in reality. He left the label in 2004 and since then has launched his own Tom Ford line and is currently chairman of the Council of Fashion Designers of America. Goes Out newsletter, with the week's best events, to help you explore and experience our city. We could piggyback the Gucci name on to the coverage of the fashion shows. But by 1994, Maurizio planned to marry Franchi. [5], They have two daughters. [3], In March 2015, De Sole became chairman of the international auction house Sotheby's, working alongside president and CEO, Tad Smith, whose appointment was announced on the same day. Gucci Group: Luxe life. De Sole tells a story to describe Guccis bleak picture when he and Ford took charge. Despite its stacked cast, dark and glamorous story, and high production value,House of Gucci was snubbed across the board at the 2022 Oscars. As upmarket shoppers again frequented Gucci stores looking for Fords clothes, theyd pick up a new pair of $295 loafers or another $600 handbag. Since 1997, when she took over, Rose Marie Bravo's makeover of the 143-yearold Burberry brand followed the same path. Upon being offered a pardon from prison on a work-release program in2011, Reggiani told the judge, "I've never worked in my life; I won't start now." Lady Gaga missed out on Best Actress, however, andHouse of Gucci did not rank among the films up for Best Picture, as seems to have been its intention. Maurizio would win the battle against his uncle, briefly controlling Gucci. In October 1995 Investcorp sold part of its Gucci holding in an initial public stock offering in Amsterdam and New York; a few months later Kirdar sold the balance in a secondary offering. By Robin Givhan. The new House of Gucci movie tells the very real story of all the scandal, power, love, betrayal, and, yes, even murder that surrounded the Gucci family back in the day. [6], De Sole and his wife Eleanore Leavitt De Sole live on Hilton Head Island in South Carolina. In short, if Arnault pursues and wins Gucci, dont expect De Sole or Ford to remain very long on LVMHs payroll. 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He is a lawyer by t. Despite the films lampooning, Paolo did help create Guccis signature double-G logo, his longest-lasting and best-known contribution to the brand. 4. We see the dynasty-splitting spats between Maurizios free-spending uncle Aldo (Al Pacino) and his offish cousin Paolo (Jared Leto) and, finally, Maurizios own bloody downfall. The films depiction of Patrizias meeting with hired assassins is partly accurate. His wife, actress Alessandra Winkelhausen Gucci, died at age 44 in 1954 when their son Maurizio was only 5 years old. Early life [ edit] Domenico De Sole was born in Rome, Italy in 1944, the son of a Royal Italian Army General. Senior critic-at-large. The legal disputes with the family company and in-fighting continued for many years after that betrayal. Mello brought in Richard Lambertson, head of Bergdorfs accessories department, to be design director and picked Ford to oversee womens ready-to-wear. Price would be a problem. Its safe to assume Arnault has calls in to Templeton Investment Counsel, with 5.8% of Guccis stock; Capital Guardian Trust, with 5.2%; and Scudder Kemper Investments, with 4.4%. With such a peculiar cast of characters, to what degree is the films story true? Oscar Futures: Whos in the Lead As Voting Begins? Paolo Gucci (Jared Leto) MGM. Antonella Gugliersi (she/them) is a feature writer for Screen Rant. Better yet, De Sole was able to use Guccis strong cash flow to buy in several franchisees in Guam, South Korea and Taiwan at very attractive prices and to renegotiate expensive leases in Hong Kong and elsewhere. Rihanna to the Rescue? Related:Every Ridley Scott Movie Ranked From Worst To Best (Including House of Gucci). Tipping off the IRS was just the latest cannonball in a salvo of legal disputes within the family. Per Vultures interview with Bentivegna, the gold leaf was the screenwriters invention. Lets Do the Thing: How Online Were You in February 2023? That was the reality.. During his time as Gucci's creative director, the company saw 1,200% growth in sales - nearly $3 billion, according to Forbes. During these years, there were creative tensions between Ford and Maurizio Gucci, the company's chairman and 50% owner. Maurizio tried consolidating power with the help of Investcorp, which provided the equity Maurizio lacked by freezing out his uncle Aldo. Okay, TikTok, You Can Calm Down About Aubrey Plaza at the SAG Awards Now, All 165 Pink Floyd Songs Ranked, From Worst to Best. The screenplay is credited to Becky Johnston and Roberto Bentivegna, from a story by Johnston that adapted Sara Gay Fordens 2000 book House of Gucci: A Sensational Story of Murder, Madness, Glamour and Greed. (Have many other films taken a books subtitle so strongly as a directive?). At Rodolfo'surging, De Sole later joined the Gucci company, but he did so only in 1984, 12 years after Maurizio started in the family business. In a ploy to kick Aldo out of the company, House of Gucci depicts Maurizio and Patrizia's plotting against him with his son Paolo, who knew ofAldo'stax evasion in the U.S. To getPaolo to turn on his father, they promised him his own line, but when he finally got his fashion show, itwas disrupted by the police. De Sole took over Gucci at a tricky time for the company: Having run Gucci America for nearly a decade, he returned to his native Italy in the early 90s to become chief operating officer of the parent company and, not long after, the CEO. You have to understand Maurizio wasnt a bad man, just a little crazy. In actuality, the company was founded by Guccio Gucci, Maurizios grandfather. He and another Gucci executive, Allan Tuttle, visited Reggiani at her home on Milans Corso Venezia in the aftermath of the Maurizios death. The line was a hit in the press, as was the collection shown in the fall of 1995 that was designed around a retro 1960s style. I had a unique opportunity to became president of Gucci America, where I represented one side of the family. Get our L.A. In 1997 revenues reached $975 million and the net came in at $176 million a high (even by luxury goods standards) 18% of sales. An Italian-born, Harvard-educated lawyer who was then with a firm in Washington, D.C., De Sole had worked on Guccis corporate restructuring in the 1980s and became close to the family. After the death of Rodolfo in House of Gucci, lawyer Domenico de Sole (Jack Huston) can be seen talking with Maurizio and Patrizia about the inheritance. Patrizia is furious that Maurizio didn't have the. Yes. The financial police cited copyright issues and the unlawful practice of using the name Gucci without having the right to do so. A lot of people at Gucci had known Maurizio since he was a kid, said De Sole, chairman of Tom Ford International and Sothebys, in an interview last week. Two years ago Jacques Mouclier, the former chief of the French Federation Franaise de la Couture, the governing body of Gallic fashion, described Arnault to this reporter this way: Arnault tends to be a bit of a mode dictator. By that Mouclier meant that, in fashion matters, the lvmh chairman will countenance creative outburst, but no opposition on the management level. Password must be at least 8 characters and contain: As part of your account, youll receive occasional updates and offers from New York, which you can opt out of anytime. In the film, Rodolfo's lawyer Domenico De Sole (Jack Huston) tells Maurizio there's a problem with Rodolfo's willRodolfo forgot to sign the share certificate giving his son 50 percent of the. With Patrizias voice echoing back from the TV, she and Pina seem to share a telepathic connection. As an Italian-born fashion mogul with a jet set lifestyle, it might seem unlikely that former Gucci CEO and current Tom Ford chairman Domenico De Sole would want to decamp to blue hair-friendly Hilton Head, S.C., but the sleek modern abode he and his wife built there is also highly dissimilar . Adam Driver, Jared Leto, Al Pacino and Jeremy Irons also star in the directors second epic drama of the year, following The Last Duel.. In fact Gucci has weathered the Asian storm in great shape. The true story is that Reggiani had been rather spoiled her whole life and, according to her own words then, had never held a job. Sentenced to 29 years in prison for orchestrating her ex-husbands murder, she was released in 2016 after serving 18 years. She was very gracious. Back in 1993, Gucci had worldwide sales of $198 million, and I thought I could get them up to $350 million, he recalled. to-wear shows. Paolo then attempted to create his own fashion line using the Gucci name, spiraling the family into a decade of legal disputes. But glaring gaps remain. Beneath all the hoped-for synergies and public expressions of mutual admiration, however, it is hard to imagine that Arnault and the De Sole/Ford team could live very productively under one corporate roof. Last month Bernard Arnault, chairman of Frances mighty lvmh luxury goods group, deftly acquired 26.7% of Gucci Groups 59.4 million publicly traded shares for lvmh, pushing Guccis market value to over $4 billion. He has previously served as a director of Gap Inc., Telecom Italia, Bausch & Lomb, Delta Airlines, Newell Brands and Procter & Gamble. In 1987, Italian financial police came to apprehend Maurizio after Paolo accused him of illegal business dealings. But if you're watching people be creative, and you're smart, and you pay attention, you can learn a lot. 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