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Stock impact report

Italian fashion designer Valentino dies at 93 [CNN]

CHRISTIAN DIOR SE UNS/ADR (CHDRY) 
Company Research Source: CNN
his foundation . He “peacefully passed away today at his residence in Rome, surrounded by the love of his family,” a statement posted to Instagram said. Born in the northern town of Voghera, Italy, in 1932, Valentino — who was popularly known by his first name — learned his trade in the haute couture ateliers in Paris before founding his own line in Rome in 1959. Early on, he became known for his red dresses, in a rich scarlet shade that became his signature color to the extent that it was known within the industry as “Valentino red.” In 1960, he met his long-time business partner (and, for 12 years, romantic partner) Giancarlo Giammetti, then a young architecture student. Together, the pair turned Valentino SpA into an internationally recognized brand. One of Valentino's first famous customers was the actress Elizabeth Taylor, whom he met while she was filming “Cleopatra” in Rome in the early 1960s. Other glamorous followers — and buyers — of Valentino's work in the early year Show less Read more
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