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Armani's last wishes may undervalue his fashion empire
Original: Armani’s last wishes may sell his fashion empire short
Giorgio Armani's will may fall short of capturing the true value of his fashion house, raising questions about how the late designer's empire will be sold or transferred. Armani, who built one of Italy's most famous luxury brands, left instructions that are now being scrutinised for potentially shortchanging his heirs and the business itself, prompting debate among industry watchers.
Why now: The designer's death has put his succession plan and the future ownership of the Armani brand in the spotlight.
Giorgio ArmaniArmaniFinancial Times
Evidence
- Armani’s last wishes may sell his fashion empire short · Financial Times
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