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In 1988, Givenchy sold his business to Moet Hennessy-Louis Vuitton (LVMH) for financial reasons. Until his retirement in 1995, he remained head of design, always working in a white "lab coat". Givenchy is a collector of antique furniture, Louis XIV through French Empire.

The designer for the men's collection is Piergiorgio Dutto, who recently tries to give the Givenchy Men collection a new appeal. John Galliano, a British designer who was born in 1962 in Gibraltar, replaced Givenchy as designer in late-1995. Galliano graduated from St. Martin's School of Art in London in 1984. His inspiration comes from various historical periods, especially the 1940s. In 1987, he received the British Fashion Council Designer of the Year award. His first collection for Givenchy combined his extravagant evening dresses with the elegant restraint of Givenchy. He also injected a new competition and creativity into the French haute couture.

 

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