After apprenticeships with Piguet and Lelong, Dior opened his own house in 1946. His 'New Look' immediately following the strictures of wartime re-established Paris as the seat of Haute Couture. At Dior's death, Yves Saint Laurent (his assistant since 1955) became the designer for the house. His success led to his own establishment in 1960, when Marc Bohan took over at Dior. The house was in bankruptcy by 1985 and was bought by the LVMH(Louis Vuiton/Moet Hennessy) conglomerate. Gianfranco Ferre followed Bohan's departure in 1989. Ferre was succeeded by John Galliano in 1996. John Galliano was dismissed in 2011 and Raf Simons replaced him in 2012.