From left, Angela Missoni, Rosita Missoni and Margherita Missoni attend… (Gilbert Carrasquillo /…)
Missoni is having a moment.
Last month, the Italian luxury label's Missoni for Target collaboration was so hotly sought after that it caused the retailer's website to crash. EBay was flooded with resales of the stuff — some 21,000 items at one point — at inflated prices, including a pair of boots a Tulsa, Okla., woman posted for $31,000, in hopes, she wrote in the auction listing, of funding her daughter's college tuition.
Orders for the Missoni spring 2012 ready-to-wear line got a post-frenzy boost, and the company is pondering a mid-priced line. Copycat zigzags are turning up on everything from scarves to sweater dresses.
Last Sunday, three generations of Missonis gathered in Beverly Hills to accept the Rodeo Drive Walk of Style Award — the first fashion house to be honored as an entire family.
Could it be that Missoni is on its way to becoming a household name?
Before the ceremony, the family gathered to talk about the business at Mr. C in Beverly Hills. But what was supposed to be a small gathering turned into a full-blown family reunion, with wine flowing and three generations speaking in English and Italian — often at the same time.
There was outspoken patriarch Ottavio "Tai" Missoni, 90, who recently won a gold medal in a track and field event for nonagenarian athletes. He and wife Rosita founded the company nearly 60 years ago, after meeting at the 1948 London Olympics, by combining resources from her family's shawl-making business and his sports and lounge wear startup. On this day, he was wearing a soft, pilly sweater vest that looked like it could be an antique but was actually from the fall collection.
Seated across from him was Rosita, 80, who stepped down from designing clothing in 1997 and now oversees Missoni Home. She was garbed in clashing Missoni patterns and giant plastic sailboat earrings, with a skinny braid dangling down from the back of her otherwise short coif. She was still wearing a sticker from the Los Angeles County Museum of Art, where she had viewed the Tim Burton exhibition earlier in the day.
Next to Ottavio was daughter Angela, 52, creative director of the brand, who exuded a hint of 1960s artistic flower child in a crochet skirt, in contrast with her brothers Vittorio, 57, and Luca, 55, who run the business. (Luca was in a Missoni baseball cap, and Vittorio wore a toned-down sweater.)
Across the table from Angela was her daughter, Margherita Missoni, 28, who starred in the Target ad campaign, collaborated on the collection with her mother and is quickly emerging as the next-generation face of the brand.
Dressed in cutoff jeans shorts and a 1970s vintage jersey Missoni top scored on EBay, Margherita appeared to be a free spirit like her mom, recounting tales of trips to the Burning Man festival and looking at photos of her race-car driver boyfriend in an Italian newspaper. She once had aspirations to be an actress but gave them up to join the family business, where she heads up accessory design and collaborations (including recent projects with Havaianas and Converse).
Over the course of the three-hour lunch, the Missonis interacted in a manner that conforms to an idyllic picture of familial harmony. (They often use family portraits as part of their advertising campaigns.) They held forth on many topics — the label's history, the origin of those trademark zigzag patterns that are the brand's under-the-radar logo, the dynamics of a family business — but often returned to the Target deal and the new opportunities it is creating.
"Honestly, we didn't expect it," Angela Missoni said of the Sept. 13 frenzy. "I kept getting calls from friends all over America saying, 'Do you know what's happening here? There are lines outside the store. The shelves are empty!'"
The Missoni for Target collection was the discount retailer's biggest high-low collaboration to date, with 400 pieces, including a $4.99 martini glass, $49.99 cardigan sweater, $399.99 bike and $599.99 patio set — all in Missoni's graphic patterns, and all significantly less expensive than Missoni's main line, which sells at Neiman Marcus and other high-end department stores at $1,000 or more for a dress.
Target first came calling five years ago. "But I wasn't sure they were ready," Angela said. "Then, after what they did with Liberty of London, I saw it was working very well. And we were attracted to what they could bring to the awareness of the label."
Colleen Sherin, senior fashion director for Saks Fifth Avenue, characterized the collaboration with Target as "brilliant." (Saks carries the runway and lower-priced M Missoni collections.) "I don't think anyone realized how incredibly successful it would be," Sherin said in an email. "It was very smart in terms of developing further brand awareness across the country and bringing iconic Missoni designs to a broader audience."