Giorgio Armani founded his company in 1975, and it appears he may be ready to pass the baton.
The 75-year-old designer, who hosted a cocktail party at Moscow's GUM department store last night, is finally talking about his succession, reports WWD.
"I understand that eventually I will have to pass things on. I am already organizing an entire team around me who understands what I do and will be, at some point, ready to step in and continue what I do," Armani told reporters in Moscow yesterday, according to the site.
The always put-together designer seemed ageless until he suffered a bout of hepatitis this past summer. Now the fashion industry is abuzz about who will takeover his prestigious post.
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Armani may be planning to step down, but he certainly isn't slipping. The designer just appointed this hot young actress as the new star of his Emporio Armani Underwear campaign.