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Giorgio Armani may consider partnering with another Italian company

Milan: Giorgio Armani may consider a joint venture with another Italian company, the founder of the Milan fashion house told Vogue, the US magazine, opening the door to potential business partners for the first time.

In an interview posted on the vogue.com website, 86-year-old Armani said the Covid-19 emergency “opened us up a bit.”

Armani has denied going on the path of many other Italian luxury brands purchased by industry giants LVMH and Kering SA, such as Gucci, Fendi and Bulgari, and French buyers are not on the card. Said.

But he said his long-standing idea that the company should remain independent is no longer “very strictly necessary.”

“I was able to think of contact with an important Italian company,” he said without elaborating, but added that it didn’t have to be a fashion company.

Vogue also said that Armani’s niece Roberta Armani, who works for a family company, “may ultimately be great to have an Italian-made joint venture that is important in the fashion industry,” but she plans for her uncle. He added that he did not have any insight into.

Giorgio Armani may consider partnering with another Italian company

Source link Giorgio Armani may consider partnering with another Italian company

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