Fashion brand Emanuel Ungaro is swallowed

On November 4, the French top fashion brand Emanuel Ungaro announced that it had been transferred to the American businessman Asim Abdullah by the Italian Ferragamo Fashion Company. At the same time, Emmanuel Wingaro, the founder of Emmanuel Wingalo and today’s world’s premier women’s dress designer, will also bid farewell to the industry.

Abdullah, 42, was born in Pakistan and made a fortune in the high-tech industry. He once served as CEO of many online business companies. Recently, Abdullah shifted his business focus to the international fashion industry. This time he bought 100% of Emanuel Ungaro from Ferragamo, but the details of the acquisition, including price, were not disclosed.

In 1965, Emanuel Ungaro created a fashion company of the same name in Paris. After 40 years of careful construction, Emanuel Ungaro has leapt to the ranks of the world's top women's brands.

In 1996, Emanuel Ungaro was owned by Ferragamo, a well-known Italian luxury goods group. In recent months, Ferragamo has been seeking to sell this French brand together with its 13 stores worldwide.

According to a spokesperson from Ferragamo, so far, Emanuel Ungaro’s product sales through brand licensing have totaled 70 million euros (about 84 million U.S. dollars) and it is expected to reach 100 million euros in the next 3 years. The growth of pieces and menswear will be particularly strong.

At the same time, Paolo DeSpirt, president of Emmanuel Wingalo, announced to the media that the company’s founder, 72-year-old Mr. Emanuel Wingalo, “has stopped working for six months and he will no longer be involved in fashion. Design work.” French designer Vincent Darre has taken over the role of design director and will be fully responsible for the future garment release of Emmanuel Wingaro.

The new owner, Abdullah, also expressed his displeasure for French brands: “Emanuel Ungaro is a great brand with an unparalleled long history, and the work of the existing management team has also played a icing on the cake. "DeSpirt has been in charge of corporate affairs since 2003 and has made Emanuel Ungaro more focused on its core business through restructuring, and has vigorously promoted brand licensing.

Ferragamo family successor Leonardo Ferragamo said that Ferragamo will continue to provide support for Emanuel Ungaro’s brand authorization, “not only strategically, but also involving actual operations. We will continue to operate Iman through licensing. Nyung Numpal's trim and fragrance products."

Emanuel Ungaro’s change of court, this year, France’s second top brand fell into the hands of Americans. Earlier this year, LVMH’s fashion luxury brand Christian Lacroix was acquired by Falic Group, the second largest duty-free goods distributor in the United States.

Emanuel Ungaro: Finding what women want most

As Yves Saint Laurent made his mark on the bustling international fashion scene, Emanuel Ungaro, 72, became the oldest designer in Paris and the global fashion industry. Emanuel Ungaro loves beautiful colors, loves romance and beauty, and is obsessed with feminine beauty. The man who was born in an Italian immigrant family has been pursuing his dream since he entered the fashion industry. His blood always has such a credo: to eventually find what women most want.

On July 23, 1965, Ungaro established his own high fashion company. Shortly after the brand was founded, he launched the "London Rotary Skirt" and succeeded. Wingaro once designed costumes for Diana, Princess of England, and also designed social events for many French ladies and ladies of the upper class. As early as 1968, Jacqueline, the wife of former US President Kennedy, also ordered Ungaro. Dress.

Nengaro is both a boss and a designer. He does not care much about the company's brand, and he valued his craftsmanship. He was busy in the studio all day, dressed in work clothes, with pens and scissors in his pocket. The walls around the studio were plastered with his various designs. He not only engaged in design, but also tailoring and sewing. He thought that manual operation was the basis of high fashion work.

Ungaro often told people that before he retired, he must answer Freud's question: “What does a woman really want?” Nowango officially withdraws from the fashion industry. The numerous praises given to him by the industry over the past 40 years have clearly proved that: Nyungaro did find something that women want.