Armani’s Admiral
Yacht brokerage firm IYC has confirmed the resale of hull #1 in Admiral's 72-metre Giorgio Armani-designed superyacht series.
29 May 2024
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The Italian Sea Group has announced the resale of the first hull in Giorgio Armani’s 72-metre Admiral superyacht series, which is currently under construction.
Known as Project Metamorphosis, the yacht is the first of two designed entirely by Italian fashion designer Giorgio Armani for Admiral, a brand of The Italian Sea Group.
The 2,0000gt yacht will have both interior and exterior design by Giorgio Armani and will feature an ice-class hull, a main deck with six cabins and a 6,000 nautical mile range.
The Armani-designed Admiral 72 was originally due to be presented at this year’s Monaco Yacht Show, but its updated delivery date is now 2025 in the United States to account for additional upgrades requested by the new owner.
“The sale of the megayacht Admiral 72 | Giorgio Armani, a result of an exciting partnership of which I am extremely proud, represents further confirmation of our expansion in the Americas with the sale of the fifth Admiral mega yacht,” says Giovanni Costantino, Founder and Chief Executive of The Italian Sea Group.
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“Giorgio Armani, synonymous with timeless elegance and refinement, with his stylistic vision, has contributed to further increasing our aesthetic sensitivity.”
The Italian Sea Group supported the resale negotiation, which was followed by Michel Chryssicopoulos, Global Managing Partner of IYC, as seller representative and Darrell Hall of YachtZoo, as representative of the new buyer. The reason for the resale has not been confirmed, but the in-build yacht had been asking €105m (A$171.2m).
Work on the second Admiral 72 | Giorgio Armani unit, currently being fitted out, is proceeding on schedule. Delivery is scheduled for Q3 2025, and the debut is planned during the Monaco Yacht Show 2025.
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