The Italian fashion and luxury industry wrapped up 2025 in a period of profound transition, shaped by landmark events, strategic realignments, and mounting economic and social pressures. The year will be remembered above all for the death of Giorgio Armani at the age of 91 and for the consolidation wave that reshaped the ownership structure of several historic brands. Together, these developments marked both the closing of a defining chapter and the opening of a more complex, competitive future.
Armani’s passing resonated far beyond Italy. For decades, he embodied a vision of elegance built on restraint, precision, and timeless design. His influence extended from fashion to cinema, corporate culture, and lifestyle branding.
