Fashion icon Giorgio Armani has tragically passed away at the age of 91
In the world of business and fashion, September 8, 2025, promises to be an eventful day.
On this day, 17 stocks will turn ex-date for events such as dividend, stock split, bonus issue, and right issue. The latest business news regarding these changes can be found on ET Now.
Meanwhile, in the fashion world, Milan, Italy, is preparing for a farewell event. The city, known as the birthplace of Giorgio Armani, is saying goodbye to the legendary fashion designer who passed away at the age of 91.
Armani, renowned for redefining elegance in the fashion industry, built an empire that bears his name. No further details about the cause of his death were provided in the article. His successor, however, is not a single individual but a gradual transition of responsibilities to a circle of close confidants and family members. This includes his longtime companion Leo Dell'Orco, his nieces Silvana and Roberta, his sister Rosanna, her son Andrea Camerana, and other trusted associates. This organic succession plan ensures the company's continuity and independence while also considering possible gradual share sales or a stock market listing.
In a related development, the Armani brand is reported to have recorded a 2442% return in 5 years, along with a stock split and dividend. The image mentioned in the article is from X/Armani.
Elsewhere in the stock market, Hero MotoCorp, Trent, Maruti, HDFC Life, and other stocks are suggested as good buys following a GST rate cut.
In other news, Goldman Sachs predicts a 50% rally in gold price for 2026.
It's also worth noting that there will be a bank holiday on September 5, with various lenders closed.
Sergio Galeotti, a hands-on creator associated with Giorgio Armani, was not mentioned in the article in relation to Armani's passing.
For those looking to stay updated on the stock market, the news was announced on September 4, 2025, predicting a positive opening today. The stock market is expected to be buzzing with activity, not just due to the ex-date events, but also in response to the latest business and fashion news.
