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News in English (USA) / 12.09.2025 / 19:00

Giorgio Armani, Iconic Fashion Designer, Passes Away at 91, Leaving Legacy and Unfolding Plans for His Empire

The fashion world mourns the loss of legendary designer Giorgio Armani, who passed away at the age of 91. Following his death, his will reveals a surprising twist, urging his heirs to sell a 15% stake in his fashion empire or consider an IPO. Notably, he named LVMH and L’Oréal among potential buyers, highlighting his enduring influence in luxury fashion. As tributes pour in from industry icons and celebrities alike, thoughts also turn to the future of his brand, with plans for the unveiling of his final collections at Milan Fashion Week. The legacy of Armani, who revolutionized fashion and became synonymous with Italian luxury, will continue to inspire while paving the way for a new chapter in the fashion industry.
Financial Times, Axios, ABC News, Reuters, The Guardian, The New York Times, Newsweek, ELLE, The Times of India, Bloomberg.com