Beatrix Miller of Vogue selected one of Gibb's designs for Baccarat, a pleated tartan skirt and printed blouse worn with a Kaffe Fassett knitted waistcoat, as the 1970 Dress of the Year.
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At the time of Gibb's death of bowel cancer in 1988, the Daily Mail reported that he died of AIDS, which was strongly denied by his friends and family.
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For a while in the late 1960s Gibb was in a relationship with Kaffe Fassett, who remained a close friend and colleague to the end.
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With the introduction of her ‘Young Ideas’ section for Vogue, Marit Allen put many other young designers on the map at the same time, including John Bates, Bill Gibb, Gerald McCann, and Jean Muir.