Valentino Steps Down from Design House He Founded
Said the designer: "My future will be filled with new interests and challenges. Some may be linked to fashion, as I have a strong desire to create and support institutions to promote the study of fashion design, and to preserve the history of the art of fashion. It will be a marvellous continuation of this amazing adventure that I had the privilege to have. Even as a young boy, my passion was to design, and I have been very lucky to be able to do what I have loved all my life. I realise the house that carries my name will go through some changes but I wish to think that the team of designers of the various lines - some of whom have been working by my side for many years - will make me proud of Valentino's products. My most emotional thanks go to the thousands of people in fashion, and to those the world over who have supported me all of these years. Finally, a special word of heartfelt thanks to my associates who have helped me make my work a success."
The designer will complete one more ready-to-wear collection and one more couture collection before bowing out.