Giorgio Armani: The French will continue to buy out Italian luxury brands

In a short statement after the Armani fashion show during the on-going Milan Fashion Week, Mr Giorgio Armani insisted he regards himself as a business man and not a financier, responding to questions on a possible take over of his company. He also added ”I am convinced the French will continue to buy companies in Italy. The French are very much after well structured companies which offer value, however, I doubt their scouting of talents interest” added Armani.