Armani's succession: Who will lead the fashion empire?

Anticipation is high for the succession plans of Giorgio Armani, the Italian fashion designer and entrepreneur. While the details of his will are yet to be revealed, the company's articles of association offer a glimpse into the future of his empire. The designer, known for his discretion, creativity, and elegance, built a global brand with an estimated value between 11 and 13 billion euros. The Giorgio Armani group currently employs 8,700 people and recorded a turnover of 2.3 billion euros in 2024.