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Giorgio Armani Pummels Prada, Says Fashion Is Now A Slave To Big Banks

Designer Giorgio Armani gave reporters an earful Tuesday following a fashion event in Milan, Italy.

Armani poses with Italian league Olimpia basketball players (br1dotcom)
Armani poses with Italian league Olimpia basketball players (br1dotcom)

Worldcrunch NEWS BITES

MILAN - Top Italian designer Giorgio Armani has denounced the current state of the fashion industry for being "in the hands of" high finance rather than the fashion houses themselves.

Speaking after the last day of Milan's menswear spring/summer fashion week, Armani's comments were also a not-so-subtle swipe at rival Prada, which was recently quoted on the Hong Kong stock exchange.

"I've wanted to say something about this for awhile, and now's the time: fashion is in the in the hands of the banks (and) the stock market," Armani told reporters Tuesday. "It no longer belongs to the owners, but to those above them. I still haven't been able to understand how the banks influence our line of work -- it's a mystery."

Asked if the comments were a reference to Prada's move earlier this month to become the first top European fashion house to be listed on the Hong Kong exchange, Armani, 76, declared: "I don't have debts. Instead, Prada's problem is that they have to pay back the money that the banks spent to build up the brand."

Armani said he preferred to remain independent, and had no plans to sell the company. "There are thousands of ways to make money. But for me, I don't want to wind up having to knock on the door of some Thai managers to explain myself."

He said that Prada chief Miuccia Prada was "ingenious' for her "irony...and bad taste that becomes chic." But he complained that certain collections that are "sometimes ugly" always get positive coverage in the press. "You know why..."

Prada refused comment.

Read the full story in Italian by Antonella Amapane

Photo - br1dotcom

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Should Christians Be Scared Of Horror Movies?

Horror films have a complicated and rich history with christian themes and influences, but how healthy is it for audiences watching?

Should Christians Be Scared Of Horror Movies?

"The Nun II" was released on Sept. 2023.

Joseph Holmes

“The Nun II” has little to show for itself except for its repetitive jump scares — but could it also be a danger to your soul?

Christians have a complicated relationship with the horror genre. On the one hand, horror movies are one of the few types of Hollywood films that unapologetically treat Christianity (particularly Catholicism) as good.

“The Exorcist” remains one of the most successful and acclaimed movies of all time. More recently, “The Conjuring” franchise — about a wholesome husband and wife duo who fight demons for the Catholic Church in the 1970s and related spinoffs about the monsters they’ve fought — has more reverent references to Jesus than almost any movie I can think of in recent memory (even more than many faith-based films).

The Catholic film critic Deacon Steven Greydanus once mentioned that one of the few places where you can find substantial positive Catholic representation was inhorror films.

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