New Delhi, Sept. 4 -- Fashion designing icon Giorgio Armani has passed away, the Armani Group announced on Thursday.

Known for his relaxed, restrained elegance, Giorgio Armani created a revolution in fashion, establishing ne of the world's most famous fashion businesses over the past five decades.

He was 91 at the time of his death.

"Il Signor Armani, as he was always respectfully and admiringly called by employees and collaborators, passed away peacefully, surrounded by his loved ones," the Armani Group said in a statement, describing the founder as "a tireless driving force".

A statement on behalf of his family and employees was also issued.

"Today, with deep emotion, we feel the void left by the one who founded and nurtured this f...