Missoni

Missoni is an Italian luxury fashion house based in Varese, and known for its colorful knitwear designs. The company was founded by Ottavio ("Tai") and Rosita Missoni in 1953.

Missoni
TypePrivate
IndustryFashion
FoundedGallarate, Lombardy, Italy (1953)
FounderRosita and Sir Ottavio Missoni
Headquarters,
Italy
Number of locations
20 countries
Area served
Worldwide
Key people
Angela Missoni (Creative Director and President)
Luca Missoni
Emilio Carbonera Giani (CEO)
ProductsKnitwear, leather, cotton
ServicesFashion retail
Revenue€61.62 million (2016)
OwnerMissoni family
Number of employees
300 (2016)
Divisions
  • Missoni
  • Missoni Home
  • Hotel Missoni
Websitewww.missoni.com

History

The business was founded in 1953, when Ottavio and Rosita Missoni set up a small knitwear workshop in Gallarate, Italy.[1] They presented their first collection under the Missoni label in Milan in 1958.[1] The business prospered, with the support of fashion editor Anna Piaggi, then at Arianna magazine.[1] Rosita met the French stylist Emmanuelle Khanh in New York in 1965, which led to a collaboration and a new collection the following year.[1] In April 1967, they were invited to show at the Pitti Palace in Florence.[1] Rosita told the models to remove their bras, supposedly because they were the wrong color, and showed through the thin lamé blouses. The material became transparent under the lights and caused a sensation.[1] The Missonis were not invited back the following year, but the business grew; a new factory in Sumirago was built in 1969.[1] Missoni designs were championed in the US by Diana Vreeland, editor of American Vogue, and a Missoni boutique was opened in Bloomingdales.[1]

Missoni reached the peak of its influence in the fashion world in the early 1970s (though has since been the subject of revivals in interest as new generations of fashion writers discovered the appeal of its core knitwear). Tai Missoni then became more interested in other projects, designing costumes for La Scala, carpets and tapestries. Rosita Missoni lost interest in fashion in the 1990s and was succeeded by her daughter Angela in 1998 while Rosita took over Missoni Home.[2]

On 13 September 2011, Missoni made headlines briefly when Target Stores offered low-cost variants of Missoni products in their stores and on their website. Most items sold out within 24 hours, there were long queues outside stores and the Target website was overloaded. Some items appeared at higher prices on eBay within hours and Target did not restock.[3]

In February 2014, Angela Missoni hired Rossella Jardini, former creative director of Moschino, as a consultant.[4]

In 2017, Jennifer Lopez teamed up with Missoni along with Women's Cancer Research Fund and Saks Fifth Avenue to set a fund raise for cancer research. Lopez will help promote the $35 limited-edition Missoni tees, and the profits will go to 12 different cancer charities.[5]

Brands

A Missoni coat and dress in 2010
A temporary promotional design by two iconic Italian brands: a Pellegrino mineral water bottle with a Missoni-style label, 2010

Missoni brands include Missoni Sport, which was initially licensed out, brought in-house in January 2002, and is now discontinued;[1] and M Missoni, a less expensive line introduced in 1998, manufactured and distributed by Marzotto.[1] Margherita Maccapani Missoni, granddaughter of Rosita Missoni, is the creative director of M Missoni.[6]

Missoni Home has its roots in furnishing fabrics produced in 1981 in collaboration with Rosita's family firm.[1] They launched their first perfume in 1982,[1] although the license is now held by Estée Lauder.

In November 2005, Missoni and the Rezidor Hotel Group signed an agreement to create Hotel Missoni, with plans to have 30 hotels open or in development by 2012.[7] Their Edinburgh hotel has been rebranded as Radisson Collection Edinburgh. The hotel agreement ceased in 2014.[8]

In 2017, Missoni Baia, Missoni's first venture into residential real estate development, broke ground in Miami, Florida. The 249 unit complex will be completed by the end of 2020.[9]

Family

In 1996 the Missonis transferred control of the business to their three children:[10] Vittorio Missoni became marketing director; Luca (born 1956) was menswear designer until 2008; Angela (born 1958) was womenswear designer, and took over menswear in 2008 when Luca became responsible for the Archive and Events.[11]

Margherita Missoni used to both design accessories and model for Missoni as well. Today she runs her own line of children's clothing, which is not associated with Missoni SpA.

Death of Vittorio Missoni

On 4 January 2013 a plane carrying Vittorio Missoni, then CEO of Missoni, went missing off the coast of Venezuela.[12] On 27 June 2013, the Venezuelan government announced that remains of the aircraft had been found north of Los Roques archipelago.[13] Vittorio's body was recovered along with those of the other passengers.

References

  1. "Missoni History". Pilaeo Magazine. Retrieved 15 August 2018.
  2. Suzy Menkes (2 December 2003). "Missoni's family mosaic". International Herald Tribune. London. Archived from the original on 10 February 2007.
  3. Sandra M. Jones (13 September 2011). Target hits it big with Missoni collection: Demand dries up 6-week supply in 1 day. Chicago Tribune. Accessed May 2014.
  4. Luisa Zargani (25 February 2014). "Rossella Jardini to Lend a Hand at Missoni". WWD. Retrieved 18 July 2019.
  5. "Jennifer Lopez Teams Up With Missoni and Saks Fifth Avenue for Women's Cancer Research Fund". PEOPLE.com. 14 September 2017. Retrieved 4 October 2017.
  6. Rysman, Laura (25 September 2019). "Margherita Maccapani Missoni Takes on a New Challenge, by Looking Back". The New York Times. ISSN 0362-4331. Retrieved 31 March 2020.
  7. "Lifetime Achievement Award for Kurt Ritter at European Hospitality Awards 2012". The Rezidor Hotel Group. Retrieved 25 January 2016.
  8. Graham Smith (3 March 2014). "Carlson Rezidor and Missoni Tie Up". BusinessTraveler.
  9. "Edgewater's Missoni Baia condo tower begins its 649-foot climb". Curbed.com. Retrieved 6 October 2018.
  10. "Vittorio Missoni biography". The Biography Channel. Retrieved 25 July 2013.
  11. "Missoni catwalk show at the V&A". Victoria and Albert Museum. Archived from the original on 29 September 2007. Retrieved 5 August 2007.
  12. Eric Wilson (5 January 2013). "Fashion Boss From Italy Lost in Flight Off Venezuela". The New York Times. Retrieved 18 July 2019.
  13. "Hallan avioneta desaparecida en enero cuando viajaba Los Roques-Maiquetía". El Universal (in Spanish). 27 June 2013. Retrieved 27 June 2013.

Further reading

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