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Armani’s Final Show Closes Milan Fashion Week as Will Sets Path to Sale or IPO

Markets now focus on instructions naming potential buyers, with a listing required if no deal emerges.

Overview

  • The designer’s last collection, completed before his death at 91, was presented Sunday in Milan as a tribute and effectively closed the fashion week calendar.
  • The show was staged at the Pinacoteca di Brera, paired with an anniversary exhibition displaying more than 120 Armani pieces among Renaissance masterpieces.
  • Hollywood guests including Glenn Close, Richard Gere, Cate Blanchett, Spike Lee and Lauren Hutton attended, as Silvana Armani and Leo Dell’Orco took the bow at the finale.
  • The company kept both the exhibition and runway on schedule, unveiling looks that echoed Milan and Pantelleria in fluid tailoring and neutral-to-marine tones.
  • Armani’s testament directs heirs to sell the group to LVMH, L’Oréal or EssilorLuxottica, or otherwise seek an IPO, a course framed by analysts as part of broader consolidation in Italian luxury.