Mar 7, 2007

Giorgio Armani Not Selling His Fashion Empire

Who hasn’t heard of Italian fashion designer Armani? I’m pretty sure you all have. Just the other day, some came out that Giorgio Armani is prepared to sell out his fashion empire, which some estimate could be worth $6.6 billion. At the opening of an Armani exhibition in Milan, it was reported that Giorgio Armani said he was prepared to sell to the highest bidder.

But just as quickly as the new spread, he denied the issue on selling his company. He said, “I made a remark to journalists in Italy that was obviously misunderstood”.


Did this news about a sell-out worry you? If you are a die-hard Armani “fashionista” I guess you can put your mind at rest now. You will still have a long time to look forward to with excellent and trendy offerings from this Italian designer.


Posted by Raissa

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