Giorgio Armani will receive the 2019 John B. Fairchild Honor award at the WWD Apparel + Retail CEO Summit to be held Oct. 29 and 30 in New York.
“John B. Fairchild was a visionary, a pioneer that left behind a lasting mark on the history of journalism, revolutionizing the way fashion is portrayed,” said Giorgio Armani.
“I’m honored to receive this prestigious award bearing his name, in recognition of my work as an entrepreneur and creative designer — a job that thrills me today as it did the first day, because it gives me the opportunity to express myself by creating something new every time,” said Armani, the chairman of his namesake, privately held company, which generates revenues of 2 billion euros annually.
Armani will be recognized before an audience of more than 250 c-level executives on the opening night of the summit, which will be held at the InterContinental New York Barclay hotel.
“There are few designers who one can say truly changed the way women and men dress, and Giorgio Armani is among them,” said James Fallon, editorial director of WWD. “Mr. Armani’s signature minimalism is iconic worldwide and he continues to define and lead the fashion world today. Simply saying the word ‘Armani’ immediately conjures up an image of refined style that now stretches from not only fashion but to furniture, hotels, residences, food and even chocolate.
“Mr. Fairchild always considered Giorgio Armani one of his few designer ‘greats,’ and his status in the fashion pantheon is evidenced by the name everyone calls him: The Maestro.”
Previous John B. Fairchild Honors went to Leonard Lauder, the late Karl Lagerfeld, and Ralph Lauren.
There will be 10 other honors handed out that night for creative leadership; women’s wear and men’s wear designers of the year; corporate citizenship; company of the year, large market cap, in each category of fashion, retail and beauty, and company of the year, small market cap, in fashion, retail and beauty.
These honorees have yet to be determined. Companies are invited to make submissions for each of the awards, which have metrics related to each.
The women’s and men’s wear designers of the year are being chosen via a poll of key retailers worldwide, as well as by WWD’s global staff. The creative leadership honor will be presented to the senior industry executive who has led his or her company to strong financial growth over the last three to five years; demonstrated groundbreaking strategic thinking, and has created a corporate atmosphere that makes his or her company a valued place to work.
The companies of the year in each sector — fashion, retail and beauty — will be judged on financial performance over the last 12 months in terms of earnings before interest, tax, depreciation and amortization and sales growth, as well as share price performance. And finally, the corporate citizenship honor will be based on key metrics in terms of social responsibility; sustainability, and charitable contributions.
This year’s WWD Summit, themed Movers + Makers, has a compelling roster of speakers including Manny Chirico, PVH Corp.; Marc Lore, Walmart e-commerce U.S.; Patrice Louvet, Ralph Lauren Corp.; Alessandro Bogliolo, Tiffany & Co.; Calvin McDonald, Lululemon Athletica Inc.; Helena Foulkes, Hudson’s Bay Co.; Art Peck, Gap Inc.: Silvio Campara, Golden Goose, and John McPheters, co-ceo of Stadium Goods.
For more information about Fairchild Live and WWD Honors, please visit: https://fairchildlive.com/event/2019arceo/