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LVMH-owned Dior has withdrawn a request for 100 000 euros (R1.7 million) in compensation from rival fashion label Valentino for allegedly blocking access to its Rome store with a celebrity-packed runway show on the city's Spanish Steps, a source told Reuters.
Citing a letter from Dior, the source familiar with the matter said the French label was backing down "in light of the friendly relationship between the two Maisons".
READ MORE | Dior seeks R1.7 million compensation, claiming Valentino fashion show hampered access to its store
Valentino designer Pierpaolo Piccioli drew a crowd of movie stars and fashion figures including Anne Hathaway, Anna Wintour, Naomi Campbell, Andrew Garfield and Kate Hudson with a haute couture show on 8 July, sending models down the broad staircase, a major tourist hotspot, at dusk in sheer, shimmery gowns.
The performance lit up social networks around the globe, drawing praise from fans - and apparently frustration from Dior.
The source said Dior had fired off a first letter to Valentino shortly after the show, saying that clients were blocked from reaching the store, keeping it empty on a normally bustling Friday afternoon, but had now written the second note.
Valentino declined to comment. Dior did not immediately respond to a request for comment.
READ MORE | Supermodel Naomi Campbell tears up as she receives honorary doctorate for her work in fashion
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