Glitz Paris’ Post

Valentino makes fashion show deal with crumbling Beaux-Arts A much-needed income, but at what cost? Valentino's recent deal with famous Parisian art school, the Beaux-Arts de Paris, is injecting cash into the school's historic buildings, but the move is not without its drawbacks. 🧑🎨The prestigious Parisian institution is not unaccustomed to attentions from the luxury and fashion world. Indeed, due to the grandeur of the art school's buildings, many a catwalk has taken place within its walls. 💰As Glitz.paris has learned, Valentino—in search of a prime location to present its new collections—has signed an exclusive contract with the fine arts school. Indeed, the deal couldn't come too soon for the Parisian establishment, as it has been increasingly plagued by a significant structural deficit. Nevertheless, the deal hangs in the balance: a recent departure of the brand's creative director could jeopardise the agreement. 🤝As of now, luxury has helped get the institution out of the red and fund much-needed restauration projects, nevertheless, this slow process of privatisation has shifted the balance of power toward those of luxury's interests. To find out more about the potential long-term effects of Valentino's deal with the Beaux-Arts, read the free investigative article on our website: https://lnkd.in/epB57XKN ?utm_source=linkedin&utm_medium=organic_social&utm_campaign=LinkedInarticle

France/Italy : Valentino makes fashion show deal with crumbling Beaux-Arts

France/Italy : Valentino makes fashion show deal with crumbling Beaux-Arts

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