IN REVIEW: Fashion Icon Giorgio Armani, Dead at 91, Instructs Heirs to Sell Stakes in his Empire

By Michael Ehindero

-----------------------------------------
Born: July 11, 1934

Location: Piacenza, Italy.

Deceased: September 4, 2025
--------------------------------------------

_________________________________

Giorgio Armani, the iconic Italian designer who turned the concept of understated elegance into a multibillion-dollar fashion empire, died Thursday, his fashion house confirmed. He was 91.

Armani died at home, “peacefully, surrounded by his loved ones,” the fashion house said. “Indefatigable to the end, he worked until his final days, dedicating himself to the company, the collections and the many ongoing and future projects.”

Armani, one of the most recognizable names and faces in the global fashion industry, missed Milan Fashion Week in June 2025 for the first time during the previews of Spring-Summer 2026 menswear to recover from an undisclosed condition.

He was planning a major event to celebrate 50 years of his signature Giorgio Armani fashion house during Milan Fashion Week this month.


The designer also owned several bars, clubs, restaurants and his own basketball team, Olympia Milano. Armani opened more than 20 restaurants from Milan to Tokyo since 1998, and two hotels, one in Dubai in 2009 and another in Milan, in 2010.

__________________

LEGACY:

After a lifetime of spurning would-be business suitors, the late Italian designer Giorgio Armani instructed his heirs to sell an initial 15% minority stake in his vast fashion empire, with priority to the French conglomerate LVMH, the eyewear giant Essilor-Luxottica or the cosmetics company L’Oreal.


Armani gave control of 40% of his business empire to his longtime collaborator and head of menswear Leo Dell’Orco, and another 15% each to niece Silvana Armani, the head of womenswear, and nephew Andrea Camerana.

The Armani Foundation, which he established in 2016 as a succession vehicle, will control the remaining 30%.


Armani, one of the most recognizable names and faces in Italian fashion, died on Sept. 4 at the age of 91. Two wills, one for his business empire and the other for his private property, were deposited with Italian tax authorities on Thursday, and widely reported by Italian media on Friday.


*Text sourced from AP





Comments

Post a Comment

Post a Comment

Trending Stories On MEB

Uganda Shuts Down Internet as President Museveni seeks to extend 40 year rule

By Michael Ehindero
Image
Uganda has been plunged into a nationwide digital blackout on Tuesday evening as the government ordered internet service providers to sever connections just two days before a pivotal general election. The formal directive from the Uganda Communications Commission cited the need to curb misinformation, electoral fraud, and potential incitement to violence as justifications for the shutdown.  While government officials privately confirmed the order to AFP, the administration has avoided making a public announcement, reportedly to distance itself from the controversial decision. The timing of the disconnection heightens tensions as President Yoweri Museveni seeks to extend his four-decade rule against a familiar challenger, singer-turned-politician Bobi Wine. The blackout, which commenced at 6:00 pm local time, marks a stark reversal of recent government promises. Authorities had previously dismissed reports of an impending shutdown as "false" rumors designed to sp...
Read more

52 AAU Students Arrested at Midnight and Jailed over Kidnapping Protests [WATCH]

By Michael Ehindero
Image
A high court has remanded 52 students of Ambrose Alli University (AAU) , following a protest against local insecurity that turned violent in Ekpoma, Edo State. The demonstration was initially organized by residents to decry a recent surge in killings and kidnappings. However, the situation escalated as mobs looted commercial shops and vandalized the ancestral palace of the Onojie of Ekpoma. _______________________ _______________________ While police moved in to restore order, several students claimed they were caught in a dragnet. Many reported being arrested during a 3:00 AM raid on their hostels, maintaining they were asleep when security agents arrived.  The suspects were transported to the court in a police van, where anxious relatives gathered to await the hearing. Presiding Judge, Justice William Aziegbemi, declined to grant bail, citing a lack of jurisdiction over the matter. He directed the defense team to file formal bail applications at the Ubiaja High Cour...
Read more

Anthony Joshua shares first social media post since surviving car crash that took the lives of his 2 friends

By Michael Ehindero
Image
Anthony Joshua has shared his first social media update since surviving a tragic car accident on the Lagos-Ibadan Expressway, Nigeria. The crash claimed the lives of two of his friends, Sina Ghami and Latif Ayodele. View this post on Instagram A post shared by @anthonyjoshua After being hospitalized for injuries sustained in the wreck, the professional boxer has returned to the UK. Upon his arrival, he   _______________________ RELATED : Anthony Joshua's driver to be prosecuted for crash that killed Joshua's 2 friends _______________________ prioritized visiting the grieving families of his late friends to pay his respects.  Sharing photos from the visit on Instagram, Joshua included a heartfelt caption: " My Brothers Keeper ." Share this story
Read more

Trial of K!llaboi who allegedly mvrdered his Girlfriend to begin today

By Michael Ehindero
Image
The trial of Nigerian internet punter Benjamin Best , popularly known as Killaboi , is set to commence today, Thursday, January 15, 2025. ___________________ RELATED : K!llaboi & Austa: The Billionaire Punter, The Model, and the M8rder That Shook Social Media! ___________________ Mrs. Cordelia Okonye, mother of the late Augusta Onuwabhagbe, confirmed the development in a post on her social media page, stating that the matter would be heard at the High Court, Tafawa Balewa Square, Lagos. Best is accused of killing 21-year-old Onuwabhagbe, a student of Lead City University, at his residence located at No. 24a Abiola Apooyi Street, Oral Estate in Ajah, Lagos, in July 2023. He reportedly fled the country shortly after the incident and was declared wanted by Nigerian authorities. He was arrested in Qatar in February 2025 and later extradited to Nigeria in April 2025 to face trial. Share this story
Read more

Impeachment Proceedings Against Governor Fubara Begin in Rivers Assembly

By Michael Ehindero
Image
The Rivers State House of Assembly has commenced impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Oduh . During Thursday’s plenary, presided over by Speaker Martins Amaewhule and broadcast live on Channels Television, the House Majority Leader, Major Jack, read out a notice of allegations and gross misconduct against the governor. The notice, signed by 26 lawmakers, cited breaches of the Nigerian Constitution. Speaker Amaewhule stated that the notice would be formally served on Governor Fubara within seven days. Deputy Majority Leader Linda Stewart also presented a separate notice of allegations against Deputy Governor Oduh. Both notices were issued pursuant to Section 188 of the 1999 Constitution. Among the accusations against Fubara were the demolition of the Assembly complex, extra-budgetary spending, withholding funds due to the Assembly Service Commission, and refusal to comply with a Supreme Court ruling on legislative financial auto...
Read more

Court grants former AGF Malami, Wife & Son 1.5 Billion Naira Bail

By Michael Ehindero
Image
Justice Emeka Nwite of the Federal High Court in Abuja on Wednesday granted bail to the former Attorney General of the Federation and Minister of Justice, Abdulaziz Malami , his wife, and his son. Each defendant was admitted to bail in the sum of ₦500 million, accompanied by stringent conditions intended to ensure their appearance for trial. The court's decision follows Malami’s period in the custody of the Economic and Financial Crimes Commission (EFCC), where he has been held since December 8. His detention followed a reported failure to satisfy administrative bail terms previously established by the commission. In his ruling, Justice Nwite mandated that each defendant must provide two sureties in like sum. These sureties are required to be owners of landed property within the high-brow Abuja neighborhoods of Asokoro, Maitama, or Gwarinpa. Furthermore, the court ordered the defendants to surrender their international passports and land title...
Read more

Anthony Joshua's driver to be prosecuted for crash that killed Joshua's 2 friends

By Michael Ehindero
Image
The driver of the vehicle conveying former world heavyweight boxing champion Anthony Joshua during the fatal crash on the Lagos-Ibadan Expressway has been discharged from hospital and may be charged with reckless driving. “Anthony Joshua’s driver has been discharged from the hospital, and he is currently giving his statement,” the spokesperson for the Nigeria Police Force, CSP Benjamin Hundeyin said. _______________________ RELATED : Anthony Joshua Injured in Ogun Road Accident, Two Dead _______________________ An official of the Federal Road Safety Corps (FRSC) said the driver of the truck involved in the accident fled the scene immediately and has been declared wanted by authorities. Joshua, 36, was rushed to Duchess International Hospital in Lagos and is reported to be in stable condition. However, two members of Joshua's entourage, Sina Ghami and Latif Ayodele, were killed at the scene of the crash. The boxer’s family earlier expressed concern over their inabilit...
Read more

Ghanaian Police Arrest Self-Declared Prophet Ebo Noah Over Flood Prediction that Sparked Public Panic

By Michael Ehindero
Image
Ghanaian police have arrested self-declared prophet Evans Eshun , popularly known as Ebo Noah , after his prediction of a global flood on December 25, 2025, triggered public panic. The arrest was confirmed on Wednesday through a statement released on the official website of the Ghana Police Service. Police said Eshun was taken into custody by the Inspector General of Police’s Special Cyber Vetting Team as part of ongoing efforts to monitor and address cyber-related activities, particularly in the lead-up to 31st night religious services. Authorities added that the arrest followed reports and security warnings concerning public prophecies capable of causing fear or public disorder, noting that details of the specific allegations under investigation have not yet been disclosed. Share this story
Read more

Anda Damisa, Nigerian Influencer known as 'Lazywrita' leaves Cryptic Instagram Scheduled Post before committing Su!c!de

By Michael Ehindero
Image
Anda Damisa , a Nigerian Influencer & content creator popularly known online as “ LazyWrita ,” on December 29 announced his own death in a scheduled post shared on Instagram before killing himself. In the post, Damisa disclosed that he had deactivated his other social media platforms, including his TikTok and YouTube accounts. In the months leading up to the announcement, Damisa had spoken publicly about his mental health struggles and his decision to step back from social media. View this post on Instagram A post shared by Anda Damisa (@lazywrita) In a detailed post shared on his Instagram page on Monday, he spoke of being deeply weary of life, expressed gratitude to friends and loved ones for their years of support, and indicated that he no longer had the strength to go on. He described himself as “happy, unburdened and free,” and offered farewell messages to close friends and a former lover, urging them not to feel guilt or bl...
Read more

USA Announces Visa Suspension for Nigerians, Effective January 1, 2026

By Michael Ehindero
Image
The United States has announced a partial suspension of the issuance of certain visas to Nigerian nationals, effective from January 1, 2026, following a new presidential proclamation on border and national security. In a statement issued on Monday, the US Mission in Nigeria said the restriction will take effect at 12:01 a.m. Eastern Standard Time on January 1, 2026, in line with Presidential Proclamation 10998, titled “Restricting and Limiting the Entry of Foreign Nationals to Protect the Security of the United States.” Nigeria is among 19 countries affected by the measure. Others listed include Angola, Antigua and Barbuda, Benin, Burundi, Côte d’Ivoire, Cuba, Dominica, Gabon, The Gambia, Malawi, Mauritania, Senegal, Tanzania, Togo, Tonga, Venezuela, Zambia and Zimbabwe. The US government clarified that the proclamation applies only to foreign nationals who are outside the United States on the effective date and who do not hold a valid US visa as of January 1, 2026. It ad...
Read more

Most Read Stories From Past Month

Uganda Shuts Down Internet as President Museveni seeks to extend 40 year rule

By Michael Ehindero
Image
Uganda has been plunged into a nationwide digital blackout on Tuesday evening as the government ordered internet service providers to sever connections just two days before a pivotal general election. The formal directive from the Uganda Communications Commission cited the need to curb misinformation, electoral fraud, and potential incitement to violence as justifications for the shutdown.  While government officials privately confirmed the order to AFP, the administration has avoided making a public announcement, reportedly to distance itself from the controversial decision. The timing of the disconnection heightens tensions as President Yoweri Museveni seeks to extend his four-decade rule against a familiar challenger, singer-turned-politician Bobi Wine. The blackout, which commenced at 6:00 pm local time, marks a stark reversal of recent government promises. Authorities had previously dismissed reports of an impending shutdown as "false" rumors designed to sp...
Read more

Vince Zampella who co- founded Call of Duty video game franchise dead at 55 in horrific car crash [WATCH]

By Michael Ehindero
Image
Vince Zampella , the influential co-creator of the Call of Duty franchise and founder of Respawn Entertainment, was killed Sunday 12/21/25 in a high-speed, single-car accident in the San Gabriel Mountains. He was 55 years. The crash occurred at approximately 12:45 p.m. on a scenic stretch of road north of Los Angeles. According to the California Highway Patrol (CHP), Zampella was driving a 2026 Ferrari 296 GTS southbound when the vehicle veered off the pavement immediately after exiting a tunnel. The red sports car struck a concrete barrier with enough force to eject a passenger from the vehicle. While the passenger was rushed to a local hospital, they later succumbed to their injuries. Their identity has not yet been released. _______________________ _______________________ Zampella remained trapped inside the Ferrari as it was engulfed in flames. Authorities confirmed he was pronounced dead at the scene. Investigators are currently reviewing video footage provided by a ...
Read more

Trial of K!llaboi who allegedly mvrdered his Girlfriend to begin today

By Michael Ehindero
Image
The trial of Nigerian internet punter Benjamin Best , popularly known as Killaboi , is set to commence today, Thursday, January 15, 2025. ___________________ RELATED : K!llaboi & Austa: The Billionaire Punter, The Model, and the M8rder That Shook Social Media! ___________________ Mrs. Cordelia Okonye, mother of the late Augusta Onuwabhagbe, confirmed the development in a post on her social media page, stating that the matter would be heard at the High Court, Tafawa Balewa Square, Lagos. Best is accused of killing 21-year-old Onuwabhagbe, a student of Lead City University, at his residence located at No. 24a Abiola Apooyi Street, Oral Estate in Ajah, Lagos, in July 2023. He reportedly fled the country shortly after the incident and was declared wanted by Nigerian authorities. He was arrested in Qatar in February 2025 and later extradited to Nigeria in April 2025 to face trial. Share this story
Read more

Why i applied to be Ezra Olubi's White Cat ~ Former Paystack Staff reveals ¡

By Michael Ehindero
Image
A former Paystack staff & X user ' ObiIk ' recently went under fire for a tweet he made 4 years ago, applying to be a white cat to his former boss Ezra Olubi who is currently enmeshed in a wild scandal when perverted tweets he made years ago resurfaced online. He was back online recently to explain why he made that tweet. In his own words....... "For the sake of a few good people and some worried family members, here's context: While I was at Paystack, we made running jokes about how Ezra spends more money taking care of his cats than some people's "competitive salary". Share this story
Read more

Court grants former AGF Malami, Wife & Son 1.5 Billion Naira Bail

By Michael Ehindero
Image
Justice Emeka Nwite of the Federal High Court in Abuja on Wednesday granted bail to the former Attorney General of the Federation and Minister of Justice, Abdulaziz Malami , his wife, and his son. Each defendant was admitted to bail in the sum of ₦500 million, accompanied by stringent conditions intended to ensure their appearance for trial. The court's decision follows Malami’s period in the custody of the Economic and Financial Crimes Commission (EFCC), where he has been held since December 8. His detention followed a reported failure to satisfy administrative bail terms previously established by the commission. In his ruling, Justice Nwite mandated that each defendant must provide two sureties in like sum. These sureties are required to be owners of landed property within the high-brow Abuja neighborhoods of Asokoro, Maitama, or Gwarinpa. Furthermore, the court ordered the defendants to surrender their international passports and land title...
Read more

Peter Obi Defects to ADC from LP

By Michael Ehindero
Image
Peter Obi , the Labour Party’s presidential candidate in the 2023 general election, has officially defected to the coalition-backed African Democratic Congress (ADC). Obi announced his decision in Enugu on Wednesday, December 31. The former Anambra State governor said the move, ahead of the 2027 general election, is aimed at transforming and rescuing Nigeria. “We are ending this year with the hope that in 2026 we will begin a rescue journey,” he declared. We will resist rigging of election by every lawful means in 2027", he said. Share this story
Read more

Anthony Joshua's driver to be prosecuted for crash that killed Joshua's 2 friends

By Michael Ehindero
Image
The driver of the vehicle conveying former world heavyweight boxing champion Anthony Joshua during the fatal crash on the Lagos-Ibadan Expressway has been discharged from hospital and may be charged with reckless driving. “Anthony Joshua’s driver has been discharged from the hospital, and he is currently giving his statement,” the spokesperson for the Nigeria Police Force, CSP Benjamin Hundeyin said. _______________________ RELATED : Anthony Joshua Injured in Ogun Road Accident, Two Dead _______________________ An official of the Federal Road Safety Corps (FRSC) said the driver of the truck involved in the accident fled the scene immediately and has been declared wanted by authorities. Joshua, 36, was rushed to Duchess International Hospital in Lagos and is reported to be in stable condition. However, two members of Joshua's entourage, Sina Ghami and Latif Ayodele, were killed at the scene of the crash. The boxer’s family earlier expressed concern over their inabilit...
Read more

52 AAU Students Arrested at Midnight and Jailed over Kidnapping Protests [WATCH]

By Michael Ehindero
Image
A high court has remanded 52 students of Ambrose Alli University (AAU) , following a protest against local insecurity that turned violent in Ekpoma, Edo State. The demonstration was initially organized by residents to decry a recent surge in killings and kidnappings. However, the situation escalated as mobs looted commercial shops and vandalized the ancestral palace of the Onojie of Ekpoma. _______________________ _______________________ While police moved in to restore order, several students claimed they were caught in a dragnet. Many reported being arrested during a 3:00 AM raid on their hostels, maintaining they were asleep when security agents arrived.  The suspects were transported to the court in a police van, where anxious relatives gathered to await the hearing. Presiding Judge, Justice William Aziegbemi, declined to grant bail, citing a lack of jurisdiction over the matter. He directed the defense team to file formal bail applications at the Ubiaja High Cour...
Read more

Impeachment Proceedings Against Governor Fubara Begin in Rivers Assembly

By Michael Ehindero
Image
The Rivers State House of Assembly has commenced impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Oduh . During Thursday’s plenary, presided over by Speaker Martins Amaewhule and broadcast live on Channels Television, the House Majority Leader, Major Jack, read out a notice of allegations and gross misconduct against the governor. The notice, signed by 26 lawmakers, cited breaches of the Nigerian Constitution. Speaker Amaewhule stated that the notice would be formally served on Governor Fubara within seven days. Deputy Majority Leader Linda Stewart also presented a separate notice of allegations against Deputy Governor Oduh. Both notices were issued pursuant to Section 188 of the 1999 Constitution. Among the accusations against Fubara were the demolition of the Assembly complex, extra-budgetary spending, withholding funds due to the Assembly Service Commission, and refusal to comply with a Supreme Court ruling on legislative financial auto...
Read more

Happy Birthday to my Daddy¡¡ [UPDATED]

By Michael Ehindero
Image
PROFILE: Lawrence Ehindero is a Seasoned Banker with over 35 years of Banking Experience. He is a Fellow of the Nigerian Chartered Institute of Bankers . He retired from UBA Group Nigeria as a Regional Bank Head and now works as a Business Consultant . From L-R: Former Ondo Governor Rotimi Akeredolu , Lawrence Ehindero If you ever need Business Consulting Services, you can reach him via WhatsApp @ +2348033589938 🔗 ______________________ Happy birthday daddy, i and my siblings are honouring you today not only because the Bible asks us to do so but because you have lived an exemplary lifestyle worthy of emulating. L-R: Lawrence Ehindero, Oyinda Ehindero & Michael Ehindero Thank you for all the sacrifices and lessons, we love you so much and we Celebrate you today Sir. Happy Birthday¡¡ Continue for more..... L-R: Former Governor Rotimi Akeredolu, Bishop Felix Adejumo, Lawrence Ehindero L-R: Law...
Read more