Core Viewpoint - The passing of Giorgio Armani, the founder of the luxury brand Armani, at the age of 91 marks the end of an era for the fashion industry, highlighting his significant contributions and the legacy he leaves behind [1]. Group 1: Early Life and Career - Giorgio Armani was born on July 11, 1934, in a financially struggling family in Piacenza, Italy, with his father working in freight [2]. - Initially pursuing a medical career, he later shifted to fashion, starting as a window dresser at La Rinascente department store in 1957, where he gained valuable knowledge in fabrics, craftsmanship, and marketing [3]. Group 2: Establishment of the Brand - At nearly 40 years old, Armani founded his brand in Milan in 1975, partnering with Sergio Galeotti, focusing on high-end fashion for both men and women [4]. - The 1970s, despite economic turmoil in Italy, presented a unique opportunity for new fashion brands to emerge, allowing Armani to capitalize on the shifting landscape of the fashion industry [4]. Group 3: Design Philosophy and Impact - Armani's design philosophy emphasized simplicity, comfort, and elegance, which resonated with the changing tastes of the time, leading to the creation of the "power suit" in the 1980s [5]. - His collaboration with the film industry significantly boosted the brand's visibility, with Armani designing costumes for major films and celebrities, establishing a strong association between his brand and Hollywood glamour [5][6]. Group 4: Personal Life and Legacy - Armani maintained a disciplined lifestyle, avoiding alcohol and tobacco, and adhered to a strict daily routine, which contributed to his success [7]. - His journey from a challenging upbringing to becoming a fashion icon illustrates the transformative power of the fashion industry during turbulent times [8].

Core Viewpoint - The passing of Giorgio Armani marks the end of an era in fashion, as he significantly influenced modern dressing and luxury aesthetics over the past fifty years [1][2]. Group 1: Company Overview - Armani Group is valued between €8 billion and €10 billion for 2024, maintaining independence without external capital [1]. - The brand is recognized for its "softening menswear and hardening womenswear" philosophy, which reflects a unique aesthetic in the luxury fashion industry [2]. Group 2: Industry Impact - Armani is noted as one of the few independent designers in a luxury market dominated by conglomerates like LVMH and Kering [1]. - His designs have had a profound impact on Hollywood, dressing numerous actresses for prestigious events, thus shaping the visual culture of modern luxury [1].