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November 29th, 2012 @ 11:04 AM
Cacharel Unveils New CEO, in Major Corporate Revamp
November 21st, 2012 @ 00:56 AM
Kane Drops Out of Versus in Major Shake-up
November 20th, 2012 @ 10:14 AM
Pucci’s Madison Avenue Store Debuts Massive Expansion
November 16th, 2012 @ 00:35 AM
Ghesquière Departs Balenciaga in Major Surprise
November 05th, 2012 @ 00:43 AM
Sao Paulo Fashion Week: Between Optimism and Fear
November 02nd, 2012 @ 00:28 AM
London Unveils Men’s Season Schedule
November 01st, 2012 @ 00:36 AM
Azzaro Releases Castello Branco
October 25th, 2012 @ 00:18 AM
Revenue Soars 22 Percent at LVMH in First Three Quarters
October 16th, 2012 @ 00:18 AM
Rykiel Names Geraldo da Conceicao Artistic Director
September 21st, 2012 @ 8:12 PM
Brazil’s New London Pop-Up
September 21st, 2012 @ 7:20 PM
McQueen Men Returning Home to London
September 12th, 2012 @ 7:19 PM
Roitfeld, Mum and Son, Open in Brazil
September 07th, 2012 @ 00:54 AM
Berluti Opens to Big-Time Business in London
September 06th, 2012 @ 3:27 PM
Stefano Pilati Back with a Bang at Zegna
September 05th, 2012 @ 7:10 PM
Hugo Boss Wows in Berlin, Plans for New York
July 06th, 2012 @ 00:17 AM
Salvatore Ferragamo: Crusin’ the Louvre
June 13th, 2012 @ 11:04 AM
Michel Klein Gains New Backer; Launches Sunglass Collection
June 13th, 2012 @ 00:48 AM
Sykes Jettisoned by Aquascutum; Maurer In at Rabanne
June 06th, 2012 @ 00:18 AM
Armani Conquers China, Chastises the Pope
June 01st, 2012 @ 11:53 AM
Armani Shakes Up Management Team
September 30th, 2009 @ 00:12 AM - Paris
Giorgio Armani has radically shaken up his management team, with the announcement that he will promote three senior executives in a major overhaul of his executive hierarchy.
The announcement of the changes comes just three days after Armani’s most recent runway show, where the designer appeared visibly weaker and thinner, as he recovers from a summer attack of hepatitis.
All three appointments will take effect from January 1st, 2010, and will be seen as part of an overall reorganization to lessen the workload on the traditionally energetic 75-year-old Armani.
In the most significant move, Armani is promoting
John Hooks to be Deputy Chairman of Giorgio Armani S.p.A., his main operating company. S.p.A. is the Italian equivalent of a limited liability company. Hooks will also join the company’s board of directors, and be given “responsibility for global commercial strategy and markets and brands (sic) development,” according to a release from the Milan-based company.
Hooks is currently Deputy General Manager of the Armani Group and “he will retain all his current responsibilities for the foreign subsidiaries.” An Englishman of Irish origin, Hooks for most of this century been the Armani go-to executive when it comes to developing international partnerships and overall global expansion.
The Italian luxury fashion house also announced that Gianni Gerbotto “will be given responsibility for the company’s financial management and investments within the Board of Directors.” Gerbotto will leave his current position as General Manager of Giorgio Armani S.p.A., though the house did not say by whom he will be replaced.
Finally, Armani has named Livio Proli to become General Manager of Giorgio Armani S.p.A and be “responsible for operational and commercial management.”
Livio Proli is currently General Manager of the Armani subsidiary, Simint S.p.A., the manufacturing arm of the designer’s $2.4 billion luxury empire.
However, the executive musical chairs contained no new role for Andrea Camerana, Armani’s quiet-spoken nephew, who has frequently been tipped to become the future leader of the company.
The Giorgio Armani Group, which is fully owned by the founding designer, employs 5,000 people and owns 13 factories. Besides a stack of fashion collections, including Giorgio Armani Prive, Giorgio Armani, Emporio Armani, Armani Collezioni, Armani Jeans, Armani Junior and Armani Baby, the group also boasts a substantial interior decor business in Armani Casa, altogether encompassing a global retail network of some 500 stores.