Giorgio Armani looking at creating foundation

By Isla Binnie MILAN (Reuters) – Giorgio Armani is studying the possibility of creating a foundation to protect the future of his fashion empire, the Italian designer and businessman said on Monday. "I am paying a lot of attention to the possibility … I don't want to leave problems for the people who come after me," Armani, who turns 80 this year, said after showing an autumn-winter menswear collection in Milan. The hands-on designer from northern Italy could set up a foundation similar to the Hans Wilsdorf foundation behind watch brand Rolex, an investment banker said.