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Giorgio Armani, 89, sets out plans for business succession

Giorgio Armani, 89, sets out plans for business succession
inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.

Giorgio Armani fashions his own legacy with succession plan

Giorgio Armani fashions his own legacy with succession plan
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Giorgio Armani Fashions His Own Legacy with Succession Plan

Giorgio Armani has always kept a tight grip on the firm he founded, and the Italian fashion king's attention to detail extends to clear rules on how it should be run after his death. Armani, 89, remains CEO and effectively sole shareholder of the business he set up with his late partner in the 1970s, which had a 2.35 billion euros ($2.5 billion) turnover last year.

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