By Elisa Anzolin

MILAN (Reuters) -Italian designer Giorgio Armani established one of the world’s most famous fashion businesses over the past five decades, and his death announced on Thursday inevitably raises questions about the future of a company whose independence he cherished.

Giorgio Armani was the sole major shareholder of the company he set up with his late partner Sergio Galeotti in the 1970s and he has no children to inherit a business which generated revenue of 2.3 billion euros ($2.7 billion) in 2024.

However, the meticulous Armani put in place measures to try to ensure continuity in a business that he ran with trusted family members and a network of long-time colleagues.

He had a younger sister, Rosanna, two nieces, Silvana and Roberta, as well as a nephew, Andrea Camerana

See Full Page