Winning in style


  • Share via facebook
  • Tweet this
  • Bookmark and Share

One of the iconic symbols of Margaret Thatcher’s reign as British prime minister in the 1980s was her famous handbag.

From Reagan to Gorbachev, it is claimed the Iron Lady would brandish her handbag at high-level meetings to show she meant business.

Many of ministers allegedly felt her wrath in cabinet meetings when she used the accessory as a weapon. As a result, the term ‘handbagging’ was so widely used in reference to her that it soon entered the Oxford English Dictionary.

The symbol became so well-known that one of her bags, a black Salvatore Ferragamo model, sold for £82,110 ($131,258) at a charity auction in 2000 after a bidding war involving would-be buyers from all over the world.

The connection to the controversial British icon was instrumental in helping to raise the profile of Italian fashion house Salvatore Ferragamo. Giovanna Gentile Ferragamo, the second of the founder’s six children, speaks of the former prime minister with great warmth.

“She is a very good customer of ours and always has been,” Ferragamo says as she sits down for an interview in Dubai. “She is a very dear friend of ours.”

The celebrity endorsement came full circle earlier this year when the fashion house supplied the official handbags for ‘The Iron Lady’ feature film, a biography of Thatcher starring legendary actress Meryl Streep.

To add to the prestige, Streep also wore Ferragamo shoes to the 2012 Oscars, where she picked up the Academy Award for best actress for her portrayal of the political heavyweight.

Giovanna, who also works creating the women’s ready-to-wear division of Salvatore Ferragamo, is vice president of the group’s holding company and serves on the board of directors of Salvatore Ferragamo SpA and other Ferragamo companies, views the celebrity endorsements with a great sense of pride.

Article continued on next page

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
Retail renaissance in Saudi Arabia

Retail renaissance in Saudi Arabia

The largest economy in the GCC is emerging as a lucrative retail...

In the lap of luxury: Ermenegildo Zegna's UAE ambitions

In the lap of luxury: Ermenegildo Zegna's UAE ambitions

Ermenegildo Zegna and Al Tayer Group are both respected family...

Focus: The impact of the Bahrain food subsidies row, what it means for the wider region

Focus: The impact of the Bahrain food subsidies row, what it means for the wider region

Sources also claim at least half the butchers in the island state...

Most Discussed
  • 4
    Finding Mr Pink

    Mr. Pink is quite possibly the rudest person I have ever met in my life. He says be humble...truly a lie for his own personal financial gain. Spend one... more

    Wednesday, 10 February 2016 3:30 PM - Jim
  • 2
    Rising from the ashes: The UAE's insolvency dilemma

    Arcapita Bank B.S.C.(c) entered bankruptcy in the US and in the Cayman Islands with the stated hope of restructuring. It was not able to restructure.... more

    Wednesday, 10 February 2016 8:13 AM - Tally M. Wiener
  • 1
    Dubai's ailing Falcon City of Wonders to get $2bn kick-start

    This is the difference between real property developers.
    one delivers to (most) of their promises and others use blaming others as an excuse for not... more

    Wednesday, 10 February 2016 10:18 AM - khalid
sponsoredTracking