Skip Nav
Street Style
How to Dress Like Your Favorite Sex and the City Character For Life
Victoria Beckham
This Sneak Peek of Victoria Beckham's Target Collab Will Have You Screaming "Just Take My Credit Card!"
The Royals
13 Looks Pippa Middleton Actually Wore Before Kate

Giorgio Armani Responds to Foundation Rumors

More Details Emerge About the Future of Armani



An Italian newswire report suggesting that Giorgio Armani will form a foundation to run his fashion empire after he dies set the press ablaze with speculation that the future of the fashion label has been set in stone.

However, an Armani spokeswoman said today that the report, published by Ansa last week, was incorrect. Instead, the spokeswoman said, Armani, 77, would consider selling his company to a large fashion conglomerate only if he's presented with a good enough offer. And, while he is also considering leaving the brand to a foundation, Armani told WWD last week that it is "only one of the possibilities."

Armani's succession plan has been in focus lately because of a recent WSJ. Magazine profile that explores what will happen to the company after the designer is gone. In the profile, Armani admitted that he hasn't settled on a plan, saying, "As long as I'm here, I'm the boss."

Photo: Giorgio Armani takes a bow after presenting the Giorgio Armani Prive Haute Couture Fall 2011 collection in Paris.

Image Source: Getty
Around The Web
Join The Conversation
Si Newhouse on Ousting Anna Wintour From Vogue — "Never. I Hope She's Here 10 Years From Now"
A Young Couple Lives in England's Elizabethan Burghley House
Crown Princess Victoria of Sweden Style
Sarah Jessica Parker Hair Evolution
Bridal Mehndi and Henna Designs
Malia and Michelle Obama Wearing Similar Clothes
March Manness Poll 2017

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Fashion
All the Latest From Ryan Reynolds