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Giorgio Armani Dies at 91, Leaving Fashion Empire and Succession Plan

His decades-long push to preserve independence leaves a clear framework for succession.

Overview

  • The Armani Group said he passed away peacefully at home in Milan at age 91, with no cause of death disclosed.
  • A public funeral chamber will be open at the Armani/Teatro in Milan this weekend, with a private funeral to follow.
  • Posthumous governance is set to follow the 2016 Giorgio Armani Foundation and new bylaws he drafted to safeguard the company’s independence.
  • Further details are expected when his will is opened, with sister Rosanna, nieces Silvana and Roberta, nephew Andrea Camerana, and longtime lieutenant Pantaleo Dell’Orco cited in reports as likely heirs and key stewards.
  • The privately held group reported about €2.3 billion in 2024 revenue, as tributes from fashion figures and Italian leaders honored the designer credited with reshaping modern tailoring.