Armani

With four decades of history, Armani is one of the youngest companies in the ranking, but it has earned a place among the leading Italian fashion companies and one of the largest luxury operators in the world. The company's history runs parallel to that of its founder, Giorgio Armani, who continues to lead the group.

The Italian conglomerate, currently undergoing a restructuring following the founder’s passing, is poised to reveal its new executive lineup today after Marsocci’s appointment as CEO last October.

Giorgio Armani Appoints Giuseppe Marsocci as CEO Following Designer’s Passing

Bringing 23 years of experience, the executive will take charge of the Giorgio Armani-powered collective within a framework established by the Foundation to preserve the designer’s heritage. His role commences immediately.

Pantaleo Dell’Orco Steps In as Head of the Armani Foundation, Steering Group Transition

Following the death of designer Giorgio Armani, his partner Pantaleo Dell’Orco takes the reins of the Foundation with a crucial 30% stake in voting rights, setting the stage for a significant acquisition or IPO.

United Front: Italian Fashion Industry Moves to Safeguard ‘Made in Italy’

The Camera Nazionale della Moda convened top industry players during Milan Fashion Week to advocate for safeguarding the value chain and pushing for stricter regulations to secure the future of Italian luxury.

Armani, Versace and Gucci Redefine Milan’s Scene

Milan is on the brink of a historic shift. Following the recent loss of Giorgio Armani and Versace’s latest transformation, Gucci steps into its debut challenge with Demna, against a backdrop that questions the robustness of Italian luxury.

Legendary Designer Giorgio Armani Dies at 91

The visionary behind a major icon in Italian fashion and a global tailoring legend, the designer built an independent empire with 500 stores across 46 countries. The company has confirmed his passing at the age of 91 in Milan.

Armani Group Navigates Succession Challenge with Organic Transition to Dell’Orco, Current Head of Men’s Design, Amid Global Luxury Demand Decline.

The Italian Competition Authority (Agcm) has accused the Italian fashion giant of outsourcing production to subcontractors that fail to ensure fair labor conditions. Armani has announced plans to appeal the decision.

The Italian company has doubled its investments in its last fiscal year, focused on renovating its flagship stores. The president, Giorgio Armani, assures that the results, more moderate, reflect a “prudent management” of the firm.

Inditex has near 400 stores in the country, H&M operates 181 points of sale and Primark has five stores in the third largest European economy.

The country faces a probable technical recession due to the coronavirus crisis, which mainly affects tourism and exports, sectors that drive the country’s economy.

The Italian company has decided to close its headquarters and production centers in Lombardy, Emilia Romagna, Veneto, Trentino and Piedmont for a week.

The Italian company, that unified its brand portfolio two years ago, earned 152 million euros (169 million dollars) last year, compared to the 242.4 million euros (270 million dollars) in 2017.

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Armani

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Bernard Arnault

Luca de Meo

Óscar García Maceiras

Nicolas Bos

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