Dressed in a sleek black suit, Armani joked with reporters about his appearance: "You see how I am, I don't look bad yet, do I?" he remarked to a roaring round of applause.
Armani's deputy general manager John Hooks thinks that, though Armani will lose money this year, the economy has bottomed out for the Armani empire and the fashion industry as a whole. Maybe Giorgio is waiting to leave on a high note. Being beautiful isn't a bad way to bow out, but being beautiful and making bank is so much better.