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Story summary
- Giuseppe Marsocci is appointed CEO of the Giorgio Armani Group, effective immediately, after founder Giorgio Armani's death in September.
- He has more than 35 years in luxury, including 23 years at Armani, and aims to ensure continuity.
- Marsocci will sit on the board, with Silvana Armani as vice president.
- The group faces a challenging luxury market and plans to sell 15% of its stake, with potential buyers including LVMH and L’Oréal.
