Core Viewpoint - The passing of Giorgio Armani marks a significant moment for the luxury fashion industry, raising questions about the future direction and leadership of the Giorgio Armani brand [4][5][25]. Company Background - Giorgio Armani, founded in 1975, became synonymous with Italian style and luxury, with notable designs such as the "Armani Power Suit" and iconic red carpet dresses [8][10]. - The brand expanded rapidly, diversifying into various sectors including fragrances, home decor, and hospitality, while maintaining its independence despite offers from luxury conglomerates [14][16]. Leadership and Succession - Giorgio Armani was the sole actual shareholder and held the positions of Chairman and CEO until his passing, with no children to inherit the brand [16][17]. - A succession plan was drafted in 2016, outlining the future management and operational strategies of the company, which includes family members and a long-time collaborator as potential heirs [18][19][20]. Financial Performance - The brand has faced challenges, with a reported revenue of €2.3 billion in 2024, a 5% decline year-on-year, and a significant drop in operating profit by nearly 69% to €67 million [23]. - The brand's performance in the Asia-Pacific region has also declined, with its share of total revenue dropping from 21% to 19% due to a slowing market [23][24]. Market Challenges - The luxury goods sector is currently facing intense competition and market pressures, making it difficult for brands to maintain their positions [25].
「工作狂」乔治·阿玛尼,百亿遗产无子女继承
36氪·2025-09-05 14:25