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Karl Lagerfeld joined Fendi in 1965 [11] and became the creative director for the fur and women's ready-to-wear collections (launched in 1977). [ 12 ] In 1966, Lagerfeld created the company logo, [ 13 ] a double F in a square, which would later be the subject of various reinterpretations.
The success of the Baguette bag led LVMH to acquire Fendi in 1999. [7] In 2012, to celebrate the bag's 15th birthday and its +1000 original creations, Fendi organized an exhibition at the Colette store in Paris. [8] In 2019, Fendi relaunched the Baguette bag, designed by Silvia Venturini Fendi, creator of the original Baguette.
A windbreaker, or a windcheater, is a thin fabric jacket designed to resist wind chill and light rain, making it a lighter version of the jacket. It is usually lightweight in construction and characteristically made of synthetic material .
In October 1999, Prada joined with LVMH and beat Gucci to buy a 51% stake in the Rome-based Fendi S.p.A. Prada's share of the purchase (25.5%) was worth US$241.5 million out of the reported US$520 million total paid by both Prada and LVMH. [21] [22] Prada took on debts of Fendi, as the latter company was not doing well financially.
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