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Fashion is watching as Armani faces its biggest test since its founder’s death

A year after Giorgio Armani's death, the fashion house faces a defining test of succession, relevance and growth as it weighs a stake sale.

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时尚界正密切关注着阿玛尼自创始人去世以来面临的最大考验。

A model presents a creation at the Giorgio Armani show for Autumn/Winter 2026 Paris Couture Week. Photo: AFP

One year after the death of founder Giorgio Armani, the Italian fashion house is entering a pivotal period as the clock starts ticking on plans for an initial stake sale, after the group spent the last year focused on governance.

Giorgio, who died aged 91 on Sept 4, 2025, stipulated in his will that a first sale of around 15% of the company should take place between 12 and 18 months after his death, followed by the disposal of a larger stake or a bourse listing.

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