The studio is about to hire a scribe to rewrite the drama that recaptures the glamorous days of the Gucci family dynasty in the 1970s and 80s, when the family was selling $500 million in product annually. Squabbles hobbled the clan until Maurizio, the grandson of founder Guccio Gucci, came out on top of a power struggle to run the family business. Just when he was about to reestablish the brand name by debuting a line designed by newcomer--and now film director--Tom Ford, Maurizio was gunned down in front of his Milan apartment in 1995.

There are still moving pieces in the package--the script is still being developed and Scott needs to lock down an actor to play Maurizio. The director has approached his Body of Lies star Leonardo DiCaprio, but he is not attached at this point.