Valentino to retire: Alessandra Facchinetti to replace him

He will present his final ready-to-wear collection at the upcoming Paris Fashion week, on Wednesday 3rd October and will show his legendary couture line for the last time in Paris in January 2008, before taking his final bow on the catwalk. The announcement follows Valentino's 45th anniversary extravaganza which he celebrated this summer in Rome, amid speculation that he was set to retire. "Last July, in Rome, I celebrated my 45th anniversary in fashion. It was a moment of infinite magic and tremendous joy, and I cannot fully express with words how deeply moved I was by the occasion," said Valentino in a statement. "I received an outpouring of good wishes from all over the world, which brought me great satisfaction. I was very touched that friends-old and new-traveled from far reaches to be a part of the festivities. It was a moment that will be impossible to repeat. And so, at this time, I have decided that this is the perfect moment to say adieu to the world of fashion." The Valentino Fashion Group has announced that former Gucci designer Alessandra Facchinetti is the lucky lady who will fill his vast shoes." So, it looks like Valentino's autumn winter 08 collection will be on eof the most hotly anticipated shows of the year!

By Laurelle Gilbert

Posted: Tuesday 4th September 2007