CIVIC LANE One year after Giorgio Armani's death, the fashion group is entering a major period of transition. Reuters reports that questions of ownership, governance and strategic evolution are becoming increasingly important. Luxury houses often depend on a powerful founder's identity even after they become global corporations. Preserving a founder's vision can protect prestige, while aggressive innovation can attract younger consumers. Armani therefore faces a dilemma shared by many iconic family and founder-led companies.