Famed Italian designer Valentino Garavani, is applauded by his models, after he presented his Spring-Summer High fashion collection in a Rome hotel, Italy on Thursday, Jan. 24, 1985. (AP Photo/Massimo Sambucetti, File) Designer Valentino Garavani, left, and Oprah Winfrey photographed backstage at th e Valentino Fashion Show benefitting NY Hosp. Cornell Medical Center at Lincoln Center in 1996. (Richard Corkery/New York Daily News) Fashion designer Valentino Garavani during a photo-call to present the documentary film "Valentino: The Last Emperor" in Rome, Monday, Nov. 16, 2009. (AP Photo/Alessandra Tarantino, File)   Fashion designer Valentino Garavani, right, and actress Gwyneth Paltrow pose together at the premiere of "Valentino: The Last Emperor" in Los Angeles on Wednesday, April 1, 2009. (AP Photo/Matt Sayles, File) Italian fashion designer Valentino Garavani, center, is flanked by top models Naomi Campbell, left, and Elle Macpherson during the inauguration of Valentino's new boutique in central Rome on Sept. 14, 1995. (AP Photo/Domenico Stinellis, File)   Italian fashion designer Valentino Garavani, left, waves to the public and holds by the hand American actress Sharon Stone wearing the wedding gown at the end of the presentation of Valentino's 1994 Spring/Summer ready-to-wear collection presented in Paris on October 13, 1993. (AP Photo/Lionel Cironneau, File) Actress Elizabeth Taylor, left, and designer Valentino Garavani pose for photographers in Rome, on Jan. 19, 1990 during the presentation of the Italian designer's 1990 Spring-Summer collection. (AP Photo/Massimo Sambucetti, File) ...read more read less