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Giorgio Armani Fashions His Own Legacy With Succession Plan

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 ($2.5 billion) turnover last year.
Giorgio Armani backstage at his Spring/Summer 2023 show.
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 ($2.5 billion) turnover last year. (Tim Blanks)

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.

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