It is imperative to create luxury products that are also functional. My vision for fashion precludes frivolous, fantasy-only designs. That said, fashion does tend to move more quickly than interior design. One doesn't change their couch every season as one does their wardrobe.

Our wardrobe needs to be more versatile, and, above all, it needs to be comfortable.

Youth culture adopts Armani and adapts it in its own way, as befits youthful enthusiasm.

My strong sense of discipline has always been with me, and it also gave me the need for deep affection. I have never been satisfied with acquaintances who are superficial, volatile, or quick to change. I have surrounded myself with people with whom I am in total complicity.

It is a fact that, in the West, we live in a capitalist society, but that does not mean that we cannot be guided by the idea of a social conscience in our work. Yes, fashion design requires consumers to consume, but we can do our bit for society by running our companies in a socially responsible way, and by creating products that promote respect for social and environmental issues. There is also the possibility for power and influence to be a force for change.

Acknowledge the elegance of simplicity.

Retailing has become fiercely competitive. Today there are many large global fashion companies who have opened up mono-brand stores in major cities around the world. When I first opened my boutique in New York, in 1985, there were almost no other European luxury brands present with their own stores. Now Fifth Avenue is packed with huge stores from major Italian and French labels.