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Armani Conquers China, Chastises the Pope June 01st, 2012 @ 11:53 AM



 
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Armani Shakes Up Management Team

Godfrey Deeny
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.

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