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Armani refuses reports on sale of fashion group

21 Feb '07
1 min read

Lately, one of the media reported that Giorgio Armani is going to sell his fashion group.

In lieu of this report, Giorgio Armani clearly denied about any such plans. He told that journalist mistook statement given by him in Italy.

He also denied about any interview with any media person on the sales of the group.

Giorgio Armani, 71, is the President and Chief Executive of Giorgio Armani S.p.A., one of the world's leading fashion and lifestyle design houses, with more than Euro4 billion in worldwide retail sales, 5,000 direct employees, 13 factories, and a direct network of over 300 exclusive retail stores in 39 countries.

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