In 1999, PPR Luxury Division, formerly known as Gucci Group, bought a 70% stake in the company for approximately $96 million. 6 years later, in 2005, PPR bought the remaining 30%, taking full control of the brand.[13] In 2015 the company was sold to Investindustrial, a private equity firm that also owned Aston Martin.[7] Francesco Russo was the creative director between 2008 and 2013 when Angelo Ruggeri became the design director, holding the position until 2016.[14] In 2016, Andrea Morante became company president, and Riccardo Sciutto CEO.[15]