Giorgio Armani’s company was fined 3.5 million euros ($4 million) for alleged unfair commercial practices.
Fashion designer Giorgio Armani’s death at the age of 91, his company confirmed on Thursday.
The news comes one month after Armani’s company was fined €3.5 million ($4 million) by the Italian Competition Authority for alleged unfair commercial practices.
Newsweek reached out to the company for comment.Why It Matters
The Italian Competition Authority stated that Armani and one of its subsidiaries made „misleading“ statements regarding their ethical and social responsibility commitments, which were contradicted by the working conditions at suppliers and subcontractors.
The Giorgio Armani group denied the accusations and expressed „disappointment and bitterness“ at the decision in a statement obtained by Reuters. It said it will appeal the decision.Giorgio Armani Death: What We Know
„With infinite sorrow, the Armani Group announces the passing of its creator, founder, and tireless driving force“, the company said in a statement on September 4.
The designer had been in declining health and missed Milan’s Men’s Fashion Week in June.
