×
90 001
Fashion Jobs
MACY'S
Asset Protection Security Guard, Herald Square - Full Time
Permanent · New York
MACY'S
Asset Protection Detective, Northpark Center - Part Time
Permanent · Dallas
MACY'S
Asset Protection Detective, Manhattan Beach - Full Time
Permanent · Manhattan Beach
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Dadeland
Permanent · Miami
AESOP
Part Time Retail Consultant | Seaport
Permanent · Boston
KOHLS
Distribution Center Operations Manager
Permanent · Patterson
PAUL SMITH
Sales Supervisor- Wooster Street
Permanent · NEW YORK
URBN
Urbn Urban Outfitters Inc. Inventory Control/Quality Audit
Permanent · RENO
H&M
Senior Director, Sales Component Engineering
Permanent · ATLANTA
H&M
Part Time Cleaning Technician
Permanent · NEW YORK
PRIMARK
Visual Merchandising Manager- Downtown Crossing
Permanent · BOSTON
PRIMARK
Visual Merchandising Manager-Concord Mills
Permanent · CONCORD
PRIMARK
Visual Merchandising Manager - Crossgates
Permanent · ALBANY
PRIMARK
Visual Merchandise Manager- Jersey Gardens
Permanent · ELIZABETH
PRIMARK
Visual Merchandise Manager- Green Acres
Permanent · NEW YORK
PRIMARK
Visual Merchandise Manager- Walden
Permanent · BUFFALO
PRIMARK
Visual Merchandise Manager- Woodfield Mall- New Store
Permanent · SCHAUMBURG
SACKS
Vendor Compliance Analyst
Permanent · WILKES-BARRE
SACK OFF 5TH
Asset Protection Investigator
Permanent · BOCA RATON
UNDER ARMOUR
Stock Lead, ft
Permanent · WOODSTOCK
UNDER ARMOUR
sr. Manager Inventory Control And Quality Assurance
Permanent · SPARROWS POINT
BLOOMINGDALE'S
Asset Protection Outlet Supervisor, Full Time - Mission Valley
Permanent · SAN DIEGO
By
Reuters
Published
Oct 17, 2008
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Armani says designers find it hard to let go

By
Reuters
Published
Oct 17, 2008

By Marie-Louise Gumuchian

MILAN (Reuters Life!) - Founding fashion designers need to learn to let go of their companies even though it hurts, according to the doyen of Italian fashion, Giorgio Armani.

The designer, who is in his 70s and is one of Milan's long-established names, has kept investors on their toes as to the future of his company, at times hinting at a bourse listing, at times signaling that he could sell his group.

"It is painful but you need to have the courage that --, once it is done -- not to have any claims over it," he told Italian daily Il Sole 24 Ore in its Friday issue.

"In the case of reaching a certain age or the market needing a radical change in style, it is extremely difficult for someone who created a company to detach themselves from it."

Armani, known for his shrewd business sense, has been more vague about his plans than other designers of his generation. Valentino Garavani, a Hollywood favorite, retired in January.

Armani has previously slammed "exploitative" private equity firms, which have been snapping up fashion companies such Permira's purchase of Valentino Fashion Group.

He said he did not have a successor picked because he still made all the decisions. "I have never posed myself the problem, looking at the pros and cons ... I have not picked my 'heir'.

"Touch wood, we're not talking about it (but) an organization that is so precise could easily survive me. I can easily manage this as I have always firmly kept the style, management and ownership in my hands."

Armani is widely ranked as one of the last of the great designers from an era before fashion became a global, highly commercial industry run as much by accountants and marketing executives as couturiers.

Its growth into a $127 billion industry is slowly threatening the old guard and ushering in a new breed of designers seen as better suited to lead expansion into new markets and product lines.

Armani said it was hard for new designers to take over from the "untouchable icons" of fashion.

Designer Alessandra Facchinetti left the Valentino fashion house this month after less than a year.

"The founder is linked to the brand and represents its style," he said. "When it comes to replacing the founder there is always a doubt as to whether to change the style.

"The young designers have all the talent that is needed but in a system made up of only 'untouchable icons' that cut off all oxygen, you can also die," he said.

(Reporting by Marie-Louise Gumuchian, editing by Paul Casciato)

© Thomson Reuters 2022 All rights reserved.