Chanel launches its prêt-à-porter line "Chanel Créations" designed by Philippe Guibourgé. Claude Montana causes a scandal with his outrageous metal-adorned leather designs. Miuccia Prada inherits the family business that she will develop into a billion-dollar fashion brand. After designing for Callaghan, Genny and Complice, Gianni Versace launches his eponymous label. Gianfranco Ferré shows his first collection.