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Italy's Armani will remain independent - paper

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By Reuters
Italy's Armani will remain independent - paper
FILE PHOTO: A model presents a creation at the Giorgio Armani show during Milan Fashion Week Spring 2019 in Milan, Italy, September 23, 2018. REUTERS/Alessandro Garofalo   -   Copyright  ALESSANDRO GAROFALO(Reuters)

MILAN (Reuters) – Italian fashion house Giorgio Armani has been approached by many suitors but intends to remain an independent player, the company’s founder and owner said in an interview in MF daily on Friday.

“I remain a supporter of independence,” Giorgio Armani told the newspaper.

“I always believed economic independence was the fundamental value for working in total liberty,” he said.

(Reporting by Stephen Jewkes)