Giorgio Armani’s will directs heirs to slowly sell the fashion brand or consider going public.
The late designer Giorgio Armani instructed his heirs to gradually divest from the fashion brands he built over the past 50 years or to explore potential listings on stock exchanges. According to a will reviewed by Reuters, the heirs are advised to sell an initial 15% stake in the Italian fashion house within 18 months, […]
Giorgio Armani’s Wonderful Italian Journey in 60 Images
Italian Fashion Icon Giorgio Armani Passes Away at 91 Renowned Italian designer Giorgio Armani, known for his influential presence in the fashion industry for over five decades, has passed away at the age of 91. Armani, celebrated among both American men and women for his impeccably crafted suits, earned the title “King of the Blazer.” […]
Dior, Armani’s pricey handbags made by migrant workers who make $2 an hour: prosecutors
European law enforcement officials say luxury goods manufacturers for big-name brands like Dior and Armani were hiring contractors to make handbags for just $2 an hour and sell them for thousands of dollars a piece. According to the Wall Street Journal, Dior, the French multinational luxury fashion house chaired by tycoon Bernard Arnault and his […]