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On Sunday evening, Giorgio Armani’s niece and head of womenswear, Silvana Armani, and head of menswear, Leo Dell’Orco, closed Milan Fashion Week with a posthumous presentation of the late founder’s ...
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The unsealing of the fashion icon’s will shows he left nothing to chance, divvying up much of his fortune to five now billionaires and even naming potential buyers for his iconic fashion house.
Will instructs heirs to sell 15% stake within 18 months, then up to 54.9% Priority buyers include LVMH, L'Oreal, EssilorLuxottica Foundation and partner hold 70% voting rights combined Heirs should ...
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In his final act, Giorgio Armani opened the door to a possible sale of the company he founded and nurtured for 50 years. The Italian fashion mogul, who died earlier this month at age 91, directed his ...
MILAN — Giorgio Armani was the king of Italian fashion, a designer loved by Hollywood stars. And yet, his final resting place was far from all the glitz and glamour — in his family tomb in the ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. After Giorgio Armani's passing at 91, his fiercely ...