ARMANI teminates collaboration with ZEGNA
The collaboration between Giorgio Armani SpA and Ermenegildo Zegna was initiated in 2000 when a joint venture company called Trimil was established for the production and distribution of the ARMANI COLLEZIONI line. Mr Armani bought from Zegna their 49% stake, thus becoming sole shareholder of the company. The Armani Collezioni line will be produced through other third party suppliers. By taking full control of Trimil, the Armani Group also takes over the full distribution rights for the Collezioni line in Italy, including San Marino and Vatican.