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>> Giorgio Armani Quashes All Rumors of Stepping Down — In an interview with Italian daily Corriere della Sera over the weekend, Giorgio Armani ruled out both selling his privately-owned empire or being replaced by another designer: “When am I going to quit? When am I going to sell? There’s always a moment in every interview when this question jumps out. So it is time for clarity. I will never sell because I have no need to and I have no desire to. And I will not step aside as long as, touch wood, I can keep up the pace. I want to follow everything, be busy with everything, and the last word will always be mine.” [Financial Times]

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