While much of the subsequent media attention obviously focused on Maurizio Gucci’s murder in 1995 the anniversary of which is Saturday his ex-wife Patrizia Reggiani’s jealousy and greed, and their strained relationship, Morante talked some light on the events that preceded the tragedy and which also helped set the scene for the global development of the luxury goods industry such as the arrival of private equity funds and international and diverse creative and management teams as well as the challenges family businesses face.
Maurizio Gucci was the first to realize the potential of the Gucci brand at a moment when the luxury industry was nascent. In the late ‘80s, Maurizio understood ahead of time that the luxury industry was about to embark on and experience a global renaissance. Not everybody was convinced at that stage, he told to Jacques Mouclier about Haute Couture and Metiers d’Art ; the only man who shared the same opinion. Continue reading