Gianfranco Ferré's creative directors, Tommaso Aquilano and Roberto Rimondi, have reportedly been let go from the company due to poor sales. The company was acquired by Dubai-based Paris Group this past December, which rescued the label from what seemed like impending closure. Paris Group owners made it clear that they intended to make major changes at the company, and a rumor even circulated that John Galliano might be tapped as the new head designer following his ouster from Dior (the company has denied this).
Aquilano and Rimondi joined the house in April 2008, replacing Lars Nilsson, who hadn't even lasted a season (the label's founding designer, Gianfranco Ferré, died in June 2007). Their collections for the label have received mixed reviews, and one retailer told Women's Wear Daily that they haven't sold well, particularly lately. “We bought a minimal amount of the collection for the sake of carrying the brand, but there simply were not enough samples,” said the retailer. “There was almost no daywear and eveningwear was fairy tale, like something for the Oscars. It may work for a small, niche brand, but not for such a global brand.” The designers have their own eponymous label, Aquilano e Rimondi, which they began in 2004.