MILAN, Sept. 13 -- Giorgio Armani, the renowned fashion designer who passed away last week at the age of 91, has left behind a surprising final instruction for his empire.
In a move that shocked the fashion world, Armani's will directs his heirs to gradually sell the company he built over a 50-year career.
Much like his meticulous approach to design and business, the "king of fashion" left nothing to chance in his final wishes, according to a Reuters report.
Armani's foundation and partner to control company
The designer's will stipulates that the Giorgio Armani Foundation, which he established in 2016, will initially hold a 10 per cent direct stake in the company.
This will give the foundation 30 per cent of the voting rights and th...
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