Giorgio Armani
Giorgio Armani S.p.A. (Giorgio Armani Foundation and heirs) · Italy
Giorgio Armani is the Milan luxury house founded in 1975 by Giorgio Armani and Sergio Galeotti, famous for relaxed, unstructured tailoring. After the founder's death in September 2025 it is run by chief executive Giuseppe Marsocci, while his will foresees the gradual sale of a stake to a large luxury or beauty group.
| Founded | 1975, Milan |
|---|---|
| Founders | Giorgio Armani and Sergio Galeotti |
| Owner | Giorgio Armani Foundation and heirs |
| Headquarters | Milan, Italy |
| Chief executive | Giuseppe Marsocci (since October 2025) |
| Chairman | Leo Dell'Orco |
| Website | armani.com |
What is Giorgio Armani?
Giorgio Armani is both the main luxury line and the name of the wider Armani group, which includes Emporio Armani, Armani Exchange, Armani Privé couture and Armani/Casa interiors. The company is headquartered in Milan, in a former industrial building converted by architect Tadao Ando in 2001.
History
Giorgio Armani founded the company with architect Sergio Galeotti in 1975. His softly constructed jackets redefined menswear and then womenswear, and the brand became a symbol of modern Italian elegance. The group expanded into Emporio Armani in 1981, Armani Exchange in 1991 and the couture line Armani Privé. Giorgio Armani led the company until his death in Milan on 4 September 2025, aged 91.
Products and positioning
The Giorgio Armani line covers men's and women's ready-to-wear, accessories and cosmetics at the top of the price range, while Armani Privé offers made-to-order couture. Fragrance and cosmetics have been licensed to L'Oréal since 1980, and eyewear is licensed to Luxottica under an agreement running to 2037.
- Giorgio Armani ready-to-wear and accessories
- Armani Privé couture
- Armani beauty under licence with L'Oréal
- Armani/Casa interiors
Ownership and leadership
Giuseppe Marsocci, a long-serving Armani executive and previously chief commercial officer, was appointed chief executive in October 2025. Leo Dell'Orco, the founder's long-time collaborator, chairs the board, and his niece Silvana Armani is vice chair and leads womenswear. Armani's will asks his heirs and the Giorgio Armani Foundation to sell an initial 15 per cent stake to a preferred buyer, naming LVMH, L'Oréal and EssilorLuxottica, with a possible path to majority control or an IPO. In August 2026 the sale was reported to be delayed, with completion not expected before 2027. The group reported revenue of about €2.3 billion in 2024.
Why it matters
Armani has long been the leading example of an independent Italian fashion group built around one designer. How it manages succession, governance and a potential partnership with a major group will shape the future of one of the most valuable independent brands in luxury.
Frequently asked questions
Who owns Giorgio Armani now?
Since Giorgio Armani's death in September 2025, the company has been owned by the Giorgio Armani Foundation and his heirs and closest collaborators. His will provides for an initial 15 per cent stake to be sold to a preferred buyer such as LVMH, L'Oréal or EssilorLuxottica, a process reported in 2026 as delayed until 2027.
Who runs Armani after Giorgio Armani?
Giuseppe Marsocci became chief executive in October 2025, with Leo Dell'Orco as chairman of the board. Silvana Armani, the founder's niece, is vice chair and oversees womenswear.