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After Giorgio Armani’s Death, Preplanned Succession Blueprint Takes Effect

Armani set legally binding rules through his foundation, designating trusted relatives with close collaborators to guard the brand's identity.

Overview

  • El Cronista highlights three takeaways from Armani’s approach: start succession planning in life, write clear decision-making rules, and preserve the culture and values that define a legacy.
  • The named custodians include partner Pantaleo “Leo” dell’Orco, who helmed menswear across Giorgio Armani, Emporio Armani and Armani Exchange, along with nieces and nephew Roberta, Silvana and Andrea.
  • Reporting describes a legal framework built to ensure continuity under the Armani name, with identity stewardship prioritized over short-term ownership questions.
  • LA NACION details the public farewell at the Armani/Teatro in Milan on September 6–7 and a private service in Rivalta on September 8, with cremation and ashes to rest in the San Martino chapel per his wishes.
  • The group generates about €2.3 billion in annual revenue and is valued near €12 billion, with reports of outside interest in a sale restricted by a five-year waiting period set by Armani.