Entity Dossier
Company

Fendi

Strategic Concepts & Mechanics

Operating PrincipleUseful as Luxury's Secret CoreSignature MoveCouple as Creative Collision EngineCornerstone MoveBirth a Rebel Brand to Free the Mother ShipCornerstone MoveNylon Backpack as Trojan HorseStrategic PatternMaterial Obsession from Saffiano to NylonCompetitive AdvantageDisturbing Concepts as Competitive MoatCapital StrategyNever-Sell-the-Bicycle Independence DoctrineRisk DoctrineSuccession as Company's Existential TestSignature MoveIce-White Lab Coats on CraftsmenCornerstone MoveEvery Bag Through the Founder's HandsSignature MoveSmash-the-Headlights Patriarch IntensitySignature MoveArchive Bags from 1914 Still ScandalizingCornerstone MoveRoyal Warrant to Runway OutsiderSignature MoveFoundation as Mind Food Not Brand DecorationIdentity & CultureGrandfather's Transgression in the ArchiveCornerstone MoveClose Every Circle Until Control Is CompleteCompetitive AdvantageFashion Signature as Margin MultiplierSignature MovePaternalistic Covenant With the ValleyStrategic PatternSubcontractor Apprenticeship as EspionageStrategic PatternLow Cost Many Models Flood StrategyIdentity & CultureOrphan Hunger as Permanent EngineCornerstone MoveBuy the Myth Then Rebuild It From the Product UpRisk DoctrineCash Fortress Before the Storm HitsIdentity & CultureSilicon Valley Peers Not Italian PeersOperating PrincipleBring Production Home When Quality FailsSignature MoveEvery Euro Saved Is an Extra Euro in ProfitRisk DoctrineOwnership Separated From ManagementCompetitive AdvantageClosed Valley as Loyalty FortressSignature MoveMove Before Being OverwhelmedCornerstone MoveHostile Raid to Swallow the Whole AnimalCapital StrategyWall Street Listing as Credibility WeaponSignature MovePocket Recorder on the NightstandSignature MoveFactory Floor at Five AM, Never the Office

Primary Evidence

"Listing the number of brands that have ended up in French hands becomes a painful count for those who care about the entrepreneurial future of our country: Gucci, Brioni, Pomellato, and Bottega Veneta are owned by Kering di François Pinault, the archrival of Arnault, who recently also targeted Valentino, acquiring 30% with the option to buy the rest of the shares in the coming years. Bulgari, Loro Piana, Fendi, Acqua di Parma, Emilio Pucci are the Italian brands in the LVMH portfolio, which recently also bought a stake in the holding company of Remo Ruffini that controls Moncler."

Source:Prada: A Family Story (translated)

""Milan to live, to dream, to enjoy. This Milan… to drink," the Amaro Ramazzotti commercial captures the metropolis that conquers the world. Milan is the place to be to ride the hedonistic Eighties, those years in which Bettino Craxi and Silvio Berlusconi make the rules. The fashion designers – a term that virtually did not exist until the Seventies – become the stars of the decade; fashion week is the epicenter of a changing world. Credit goes to the three greats, nicknamed "the three G's": Giorgio Armani, Gianfranco Ferré, and Gianni Versace, the latter a visionary young man from Calabria and, a little later, the inventor of an international phenomenon, the supermodels. In 1986, President of the Republic Francesco Cossiga opens the doors of the Quirinal Palace to a large reception in honor of seven of the major Italian designers: Armani, Versace, Ferré, Valentino, Fendi, Krizia, and Ferragamo, and confers various honours on them. The awardees are among the protagonists of the made in Italy that has made fashion the second sector of the Italian economy, after tourism. "King George" Armani is the absolute protagonist of the phenomenon. Together with his partner Sergio Galeotti, he decides in 1975 to establish his own brand. He achieves global success in a very short time."

Source:Leonardo Del Vecchio

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