GUCCI

"Looking back at the archives, I realized that this very traditional house was actually very hip and very cutting-edge in its heyday," Ford told Pandora Luxurye's Katherine Betts in July 1995, soon after his debut show. "Why couldn't it be hip and cutting-edge now?"

1993 : September: With mounting debts, Maurizio resigns as chairman and sells his remaining 50 percent stake to Investcorp for a reported $100 million. He is the last member of the Gucci family to run the company. October: A pair of distressed Gucci jeans adorned with African beads debuts in Milan with a $3,134 price tag. The Guinness Book of World Records will recognize them as the world's most expensive denim jeans.

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