Giorgio Armani group names luxury veteran and longtime manager Giuseppe Marsocci as new CEO

Marsocci, 61, who has been with the Armani group in top roles for 23 years, both in Italy and abroad, takes the lead at a crucial time for the fashion empire, one of the most valuable and best-known companies in the country. The late Giorgio Armani instructed his heirs to sell an initial 15% minori...

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