ARMANI’S ARENA: Giorgio Armani has always been a basketball fan, so much so that he first said in 2010 that he would support the renovation of Milan’s historical Palalido, a 53,282-square-foot sports center originally built in 1961, with a donation of 2.4 million euros, or $3.3 million at current exchange. The opening of the new structure was originally scheduled for the following spring, but work took longer than expected. That seems to be coming to an end, however, as an Armani spokeswoman said the newly restored facility will open in 2013, and it will be renamed Pala Armani. In addition to sports, the structure will also hold concerts and social events.

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