Who Gets to Own Italian Luxury? | Prada, Gucci & Armani Are Writing Three Different Answers

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Fashion Month Update | Who Gets to Own Italian Luxury? | Prada, Gucci & Armani Are Writing Three Different Answers

Prada is spending time. Kering is buying time. Armani is deciding whether to sell time at all, and the founder already set the deadline. Strip away the runways and what's left are three balance-sheet strategies, each still mid-sentence. We'll update this story as Paris and the Armani talks unfold.

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The Galliano Cancellation & Luxury’s Legitimacy Market