Armani Group

An Italian court has placed subsidiaries of the two luxury businesses under external supervision amid an ongoing probe into labour abuses in big brands’ supply chains.

A court in Milan ordered a one-year receivership for Giorgio Armani Operations, described as an industrial company of the Armani Group, according to the ruling seen by Reuters.

BoF editor-at-large Tim Blanks describes the designer and businessman’s life, continuing impact on fashion, mysterious succession plans and newfound vulnerability.

As travel bounces back after two-plus years of limited trips, fashion-branded hotels have gained fresh momentum.

Whether or not brands keep doing business in Russia is largely being driven by logistical challenges rather than moral commitments.

Omicron has thrown a wrench in Fashion Month, leaving brands to weigh their options for handling an increasingly familiar conundrum.

The current wave of mergers and listings is expected to grow as big groups like LVMH and Kering surge ahead and Italy’s last remaining luxury independents face pressure to bounce back from the pandemic while juggling succession planning and digital transformation.

BoF tapped industry experts and analysed the market to determine which brands will likely be targeted this year — and which wild-card mergers could pick up steam.

The designer and chief executive speaks exclusively to BoF on cleaning up the Armani Group’s brand portfolio — and what’s next.

Does Giorgio Armani have a plan to secure his legacy? Last week, as he celebrated his 40th year in business with a party to open Armani/Silos, a new museum showcasing his vast archive, Mr Armani spoke exclusively to BoF ’s Imran Amed in his only video interview to mark the occasion.