There are only three internationally recognized "Valentino" family brands: First, Vicenzo Valentino, the third generation heir of the Valentino family, has the exclusive rights to the Valentino trademark on leather shoes and leather goods; second, It is the "Giovani Valentino" brand named after himself by Giovani Valentino, the brother of "Vicenzo". It can produce both footwear and leather products and clothing, but it must use the full name of the trademark. It entered the Chinese market in 1997 , but withdrew from the Chinese market in 2003; third, the famous Italian designer Valentino Gravani has exclusive rights to the Valentino trademark on clothing products.
The above three Valentinos do not have any so-called "second-tier brands of subsidiaries"
As for Valentino Saga, it is a company registered in Beijing and has nothing to do with the internationally recognized Valentino.
The company with the suffix Valentino is gone. Whether it is registered in China, Hong Kong or abroad, it is just a borrowed name. Nothing to do with the internationally recognized Valentino.