Groupe Artémis, the majority shareholder of Kering and investment branch of the Pinault family, has acquired a minority stake in Giambattista Valli.
“In providing Maison Valli with the Artémis means and expertise, we are delighted to support its development and to contribute to the growth of this great company, driven by the immense talent of its designer,” Groupe Artémis CEO Patricia Barbizet, said in a statement. “Maison Valli will benefit from the support of a professional shareholder in order to enter a new chapter and reveal its full potential.”
Giambattista Valli has remained the founder, CEO and creative director of his brand since its founding in 2004, making this a considerable move for the company and designer.
The designer instagramming a pair of shoes before his FW 17/18 show.
The Paris-based couture and ready-to-wear house’s profile has steadily risen thanks to major red carpet events and growth from its diffusion line, Giamba, launched in 2014.
Valli was previously very passionate about his decision to remain independent, not just his own design house, but also with collaborations with M.A.C., Nike and 7 for All Mankind, so having an investor like Artémis gives the brand the potential to manage even more projects.
“Artémis and Maison Valli share a same passion for art, freedom of expression and creativity,” Valli said in a statement. “With this alliance, we are uniting the excellence of two houses with similar visions and I am truly honoured to be given the opportunity to get access to the Artémis know-how in order to pursue, with the Pinault family, the story of Maison Valli.”