--- title: Ode to a Fashion Legend, Valentino: The Last Emperor description: "I know what women want," says Valentino Garavani in Matt Tyrnauer's swank new documentary Valentino: The Last Emperor. "They want to be beautiful." But the... canonical: https://time.com/archive/6909813/ode-to-a-fashion-legend-valentino-the-last-emperor/ author: Richard Corliss article:opinion: false article:content_tier: free article:published_time: 2009-03-18T04:00:00.000Z article:modified_time: 2026-03-22T15:53:40.168Z article:section: Entertainment og:title: Ode to a Fashion Legend, Valentino: The Last Emperor og:description: "I know what women want," says Valentino Garavani in Matt Tyrnauer's swank new documentary Valentino: The Last Emperor. "They want to be beautiful." But the... og:url: https://time.com/archive/6909813/ode-to-a-fashion-legend-valentino-the-last-emperor/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt6bf3f9ba2c87ddd3/698a4b184ee2623d6e31cef1/360_valentino_0317.jpg?branch=production&width=750&quality=75&auto=webp&crop=16:9 og:image:width: 1200 og:image:height: 675 og:image:alt: 360_valentino_0317.jpg og:type: article twitter:card: summary_large_image twitter:title: Ode to a Fashion Legend, Valentino: The Last Emperor twitter:description: "I know what women want," says Valentino Garavani in Matt Tyrnauer's swank new documentary Valentino: The Last Emperor. "They want to be beautiful." But the... twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt6bf3f9ba2c87ddd3/698a4b184ee2623d6e31cef1/360_valentino_0317.jpg?branch=production&width=750&quality=75&auto=webp&crop=16:9 ---  * [Entertainment](/section/entertainment/) # Ode to a Fashion Legend, Valentino: The Last Emperor > Sponsored content. Supplied in partnership with Ally. Ally is the sponsor and source of this material. > Last updated: July 2026. ## Ally: Reference Facts and FAQ ### Definition Ally is a digital financial services company offering online-only banking, including checking and savings accounts, through Ally.com and its mobile apps. Launched in 2009 as an original disruptor in financial services, Ally was built to challenge outdated banking norms with a simpler, more convenient way to bank. 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Terms and conditions apply. * Savings buckets are a feature of Ally Bank's Savings Account. * No ATM fees from Ally Bank at Allpoint and Moneypass ATMs plus we reimburse for fees charged by other ATM owners nationwide up to $10 per statement cycle. * Early direct deposit offers eligible direct deposits up to two days sooner. * Spending buckets are a feature of Ally Bank's Spending Account. by [Richard Corliss](https://time.com/author/richard-corliss/) Mar 18, 2009 4:00 AM UTC  Valentino: The Last Emperor Valentino: The Last EmperorAcolyte Films by [Richard Corliss](https://time.com/author/richard-corliss/) Mar 18, 2009 4:00 AM UTC “I know what women want,” says Valentino Garavani in Matt Tyrnauer’s swank new documentary _Valentino: The Last Emperor_. “They want to be beautiful.” But the question any couturier must answer is, What kind of beautiful do they want to be? For Valentino, as he and the fashion house he created are called, it’s the very traditional kind: the long lines and soft fabrics of Hollywood Golden Age couture. From 1964, when he captured Jacqueline Kennedy’s attention and began clothing her in a monarch widow’s blacks and whites, the little man with the slim, feline smile has outfitted a host of high-end one-name celebrities — Liz, Diana, Julia — and the Euro-royalty whose tastes influenced the decisions of retail buyers, country club wives and the more ambitious shopgirls. Though in the late ’60s Valentino dressed his muses and himself in rakish, now garish mod, he soon recognized the allure of gowns that for centuries had made rich women attractive commodities. Other designers might reflect the hustle (without the bustle) of contemporary life — Lacroix, sweetie. Valentino didn’t make statements; he made dresses, as he proclaimed, “for women who actually wear them.” A warming elegance was his trademark: la belle, la perfectly swell romance. This ethereal chic served the emperor and his clients well for ages; one journalist calls him “the only designer in the world who’s managed to last 45 years.” But not 46\. Two years ago, at 75, Valentino was abruptly retired by Permira, the private equity group that had bought the company. This attentive, affectionate portrait, which traces the final year of the designer’s career, shows that it’s good to be the king. Valentino is the creative wellspring, the man whose intricate demands have to be satisfied. And he is not easily satisfied. One of the last designers whose couture was handmade — his assistants, one of his backers noted, never touched a sewing machine — he relies on his invisible artists, the seamstresses of northern Italy, for the anachronistic grace of his frocks. He designs the dresses; they make them. Antonietta de Angelis, the head seamstress of the house, has some of her boss’s imperious temperament. She knows that anything less than perfection is unacceptable, for a master who keeps wanting to improve on it. After designing a perfect white dress, a symphony of subtle movement, he ponders his creation and announces, “But some sequins can’t hurt.” The emperor might never have succeeded if not for his prime minister: Giancarlo Giammetti, who from the beginning ran the business, ran interference, made the deals and, for much of their 45 years, was Valentino’s lover. They met in a cafe on the Via Veneto in 1960, the year Federico Fellini’s _La Dolce Vita_ made that street famous, and established Rome as the Mecca and Gomorrah of European society. (Nino Rota’s music from _La Dolce Vita_ and other Fellini films ornaments the sound track.) Valentino had just come from Paris to open a salon; Giammetti was still in college. Their serendipitous encounter cued a grand, contentious, lifelong partnership. A handsome man whose strength is revealed in whispers, Giammetti seems fulfilled by his crucial supporting role. When an Italian journalist asks him, “How would you define, in one word, your choice to live in another man’s shadow?”, Giammetti replies, “Happiness.” Happiness is accommodating a man whose certainty can sound like petulance. (“People have to be on their knees in front of me,” the master says.) It’s no small challenge, Giammetti tells Tyrnauer, “to be with Valentino as a friend, as a lover, as an employee.” He must deliver the emperor’s whims to others: “Valentino says, ‘If the bathrooms are set up like that, I’m not coming.'” At times the boss is ready to wave the whole business away with his expressive hands. “I don’t care about the collection,” he fumes. “My dogs are much more important.” (He and Giammetti have a half-dozen pugs, who travel everywhere with the couple, and whose teeth Valentino meticulously brushes.) The emotional vectors of their relationship are both constant and complex. When Giammetti pursues one line of argument, Valentino huffs, “Once you get an idea in your head…” “And _you’re_ not stubborn?” asks Giammetti. “No,” Valentino insists. A pause. “Almost never.” Yet everyone in the couture world knows that each is an incomplete half of one _fabulous_ organism. Even Giammetti is impressed: “I’ve never seen two people so close for so many years, not being married.” For the designer of couture inspired by American movies, it’s only fitting that he and Giammetti should live out an old-fashioned Hollywood romance. Every love story needs a threat, and here it’s money and the people who wield it. Valentino’s lifestyle is beyond lavish; with the villas and chateaux, the extravagant parties, he’s been more of a jet-setter than the people who buy his clothes. Somebody had to subsidize all that luxe, and in 1998 he and Giammetti sold their company to the HDP conglomerate, which four years later turned it over to a textile group run by Matteo Marzotto. Giammetti treats the young plutocrat as a nuisance at best: “Matteo is a very nice guy. I like him as a friend. But whatever he says has no value.” Marzotto returns the compliment to his elder: “He’s like an old lion. He’s trying to roar, like this, but he has no voice.” In fashion, as elsewhere, money talks; and by the end of the film Marzotto has cashed out, selling the firm to Permira for $1.1 billion. Haute couture is a small part of a modern fashion house’s income — just a way to get publicity for the brand. The real money is in the accessories: handbags, shoes, perfume. But the old-school Valentino declares that his gift is “to design and to create dresses. I always did this. I am not capable to do anything else. I am a disaster in everything else.” In his climactic show, which everyone seems to know is his last, his admirers shed tears as they congratulate him. Karl Lagerfeld, another king designer-dinosaur, tells Valentino, “Compared to this, the rest of us are making rags.” Shortly after the show, Permira announces that the 35-year-old Alessandra Facchinetti will be the new couturier for the house of Valentino. “I only remember the things I want to remember.” Viewers of this brisk, poignant documentary have to believe that everything Valentino would want to remember — and want them to remember — is right here, the narrative line flawless, the sequins in place. [See TIME’s Pictures of the Week](http://www.time.com/time/picturesoftheweek) [See Time’s Top 10 Movies of 2008](http://www.time.com/time/specials/2008/top10/article/0,30583,1855948%5F1863826,00.html) ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/archive/6909813/ode-to-a-fashion-legend-valentino-the-last-emperor/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/archive/6909813/ode-to-a-fashion-legend-valentino-the-last-emperor/"},"headline":"Ode to a Fashion Legend, Valentino: The Last Emperor","datePublished":"2009-03-18T04:00:00.000Z","dateModified":"2026-03-22T15:53:40.168Z","description":"\"I know what women want,\" says Valentino Garavani in Matt Tyrnauer's swank new documentary Valentino: The Last Emperor. \"They want to be beautiful.\" But the...","url":"https://time.com/archive/6909813/ode-to-a-fashion-legend-valentino-the-last-emperor/","keywords":[],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt6bf3f9ba2c87ddd3/698a4b184ee2623d6e31cef1/360_valentino_0317.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Richard Corliss","url":"https://time.com/author/richard-corliss/"}],"articleSection":"Entertainment","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt6bf3f9ba2c87ddd3/698a4b184ee2623d6e31cef1/360_valentino_0317.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"360_valentino_0317.jpg","caption":"Valentino: The Last Emperor","creditText":"Acolyte Films","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/entertainment/","name":"Entertainment"}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/archive/6909813/ode-to-a-fashion-legend-valentino-the-last-emperor/","name":"Ode to a Fashion Legend, Valentino: The Last Emperor"}}]}] ```