By  on June 28, 2012

Schiaparelli? It’s not just the gal who looks a lot like Judy Davis and talks across the decades to Miuccia Prada at the Met, but an entity throwing a party during couture to celebrate the opening of its new headquarters. Never mind that it is not currently a business by any reasonable measure of the word. Rather, it is a trademark with possibilities, at least in the view of Diego Della Valle, one of the fashion industry’s great brand masters, who purchased it, hired a chief executive officer, rented office space and is on the hunt for a designer to help realize the house’s potential.

This story first appeared in the June 28, 2012 issue of WWD. Subscribe Today.

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