Giorgio Armani

Giorgio Armani S.p.A. is an Italian luxury fashion house founded in Milan by Giorgio Armani.

Categories

Fashion and Textiles  
Retail and Consumer Goods  
Summary

Giorgio Armani S.p.A encompasses fashion- realty- hospitality and interiors. It is a story of guts, glory and true entrepreneurship: the luxury conglomerate was founded by legendary fashion designer Giorgio Armani when he sold his car for seed money.


History

Italian fashion designer Giorgio Armani launched his eponymous fashion label in 1975. Since then the luxury fashion brand has evolved from menswear to haute couture- ready to wear- fashion accessories- footwear- cosmetics and home decor.

The brand heritage- built on the vision and tenacity of Giorgio Armani- is a very inspiring entrepreneurial story. Giorgio Armani left medical school to fulfil his military service during WWII and then got a job as a fashion buyer and window dresser for La Rinascente in Milan. He was hired by Nino Cerruti in 1965 and then eventually launched his own eponymous fashion brand Armani S.p.A in July 1975 in collaboration with his life partner Sergio Galeotti. Few know it was Galeotti who persuaded Armani to sell his Volkswagen Beetle for seed money which went towards securing office space in Milan… an office with just two employees: Galeotti running the business and Armani heading the creative. It was a calculated risk.

Described as “timeless values with global appeal”.. business surged after Giorgio Armani designed actor Richard Gere's wardrobe with classic tailored suits for blockbuster film "American Gigolo." His power suits made appearances in television series "Miami Vice" and in no time there was a surge in demand. The Italian fashion brand also transformed the style of working women with pantsuits in elegant colours and softened menswear with relaxed suits. Armani described his design aesthetic as "I was the first to soften the image of men and harden the image of women. I dressed men in women's fabrics and stole from men what women wanted and needed—the power suit."

Sadly he suffered personal loss after the passing of his partner. The fashion industry speculated how he would survive but Giorgio Armani opened over two hundred stores worldwide retailing sub-brands designed to cater to specific needs of different market segments: Armani Prive, Emporio Armani, Armani Exchange, Armani Jeans, Armani Exchange A/X and Armani Collezioni. Made-to-Measure is another feather in his cap as he continued to aggressively diversify the conglomerate with make-up- fragrances- watches- home line- fashion accessories- jewellery and eyewear. 

In 2004 he inked a deal with Dubai-based Emaar Properties PJSC to build Armani branded hotels and resorts and continued diversifying into interiors- confectioneries- floral arrangements and residential properties. "I always had a burning ambition to realize my potential. [Forty years ago] fashion had only arrived at a certain point. I saw that I could express my vision in full. That I could be bigger than a designer. I could be more like a director—of taste.. of lifestyle" per GQ.

In 2006 his biography "Being Armani" was released. That year he designed uniforms for Italian flag-bearers in the 2006 Winter Olympics Opening Ceremony as well as those of athletic teams including England's Chelsea Football Club and Australia's Rabbitohs. The following year Armani collaborated with Samsung to design a luxury television and cellular phone. Armani Privé SS 2007 was broadcast worldwide on MSN Web and cellular phones.. making him the first fashion designer to broadcast a couture show live on the Internet. Subsequently Armani opened a museum- Armani Silos- in Milan to showcase forty years of his brand heritage.

Armani believes in giving back. Per BoF: "Armani has also created his own catwalk presentation space- the Teatro Armani- and in 2013, which opened its doors to enable emerging designers such as Stella Jean and Andrea Pompilio to showcase their collections during Milan Fashion Week."

Armani is sole shareholder of Giorgio Armani S.p.A, making it one of the rare luxury brands independent of investment vehicles. The Italian fashion designer has been honoured with several accolades including CFDA Lifetime Achievement Award. He also received commendations from the Italian and French governments including  "Order of Merit of the Italian Republic" and "French Legion Of Honor". 

"We are required to churn out ideas and collections with enormous speed but invention and quality take time. My solution is continuity: I evolve at my own pace because the women and men I dress expect this from me… not just ideas that are only good for the catwalk. Fashion once again needs to find a more human and real rhythm", Armani told GQ.

In a recent development Armani inked a deal with online retailer Richemont-owned Yoox Net-a-Porter to further integrate the luxury group's e-commerce site with its network of physical stores. The new partnership- which is valued till until 2025- offers customers access to all Armani products on both online and offline channels and a complete integration is expected. 

The pandemic however brought all industries to a halt. Per Forbes "On March 26, Armani Group converted all production at its Italian factories to manufacture single-use medical overalls. Armani donated $2.2 million to hospitals in Milan, Rome, Bergamo, Piacenza and Versilia and to the Italian civil protection agency. ‘The health and wellbeing of my employees have always been and continues to be my priority. We have been following and often anticipating the measures being adopted in all countries.’"


Mission

To continually create apparel and accessories that aspire to a kind of perfection that transcends fashion.


Vision

The legendary fashion brand envisions respecting the founder's values and principles… the management of activities in an ethical way… the continuous development of the brand at a global level… the careful strategy of diversification of the company and its brands all the while maintaining consistency in the design of products.. image.. and communication.


Key Team

Patrick Robinson (Creative Director)

Giorgio Armani (Chairman)

Robert Triefus (EVP worldwide communications)

John Hooks (Director group commercial and marketing)


Recognition and Awards
The Italian fashion designer has been honoured with several accolades including CFDA Lifetime Achievement Award. He also received commendations from the Italian and French governments including "Order of Merit of the Italian Republic" and "French Legion Of Honor".

Products and Services

Milan-based Giorgio Armani S.p.A. designs, manufactures, distributes and retails haute couture, ready-to-wear, leather goods, shoes, fashion accessories and home interiors. In 2004 he inked a deal with Dubai-based Emaar Properties PJSC to build Armani branded hotels and resorts and continued diversifying into interiors- confectioneries- floral arrangements and residential properties.


References
Giorgio Armani
Leadership team

Patrick Robinson (Creative Director)

Giorgio Armani (Chairman)

Robert Triefus (EVP worldwide communications)

John Hooks ( Director- group commercial and marketing)

Industries

Fashion and Textiles

Retail and Consumer Goods

Products/ Services
Milan-based Giorgio Armani S.p.A. designs, manufactures, distributes and retails haute couture, ready-to-wear, leather goods, shoes, fashion accessories and home interiors.
Number of Employees
1,000 - 20,000
Headquarters
Milano, 31 Via Alessandro Manzoni, Italy
Established
1975
Company Registration
179369
Social Media

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Sun Mar 03 2024
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