BY APB Staff on 3 Jun 2024

The Italian Sea Group confirms sale of unit developed by Italian fashion designer.

Giorgio Armani superyacht

The Italian Sea Group has found a new owner for the first hull in its Giorgio Armani-designed 72-metre Admiral superyacht series, which is currently under construction.

Known as Project Metamorphosis, the 2,0000gt yacht will have both interior and exterior design by Giorgio Armani and will feature an ice-class hull, six cabins and an estimated range of 6,000 nautical miles.

The project was originally launched in 2020 and developed by Giorgio Armani and his team in collaboration with the Centro Stile of Admiral — a brand of The Italian Sea Group.

Giorgio Armani superyacht

Armani’s signature interiors are minimalistic, while the exterior design features a ‘clear architectural influence’—geometric shapes are balanced with curves for a dramatic effect.

“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 CEO of The Italian Sea Group.

“Giorgio Armani, synonymous with timeless elegance and refinement, with his stylistic vision, has contributed to further increasing our aesthetic sensitivity.”

Giorgio Armani superyacht

The Armani-designed Admiral 72 was originally due to be presented at the 2024 Monaco Yacht Show. Its updated delivery date is now 2025 in the United States to account for additional upgrades requested by the new owner, following the resale. The reason for the resale has not been confirmed, but the in-build yacht had been asking €105m.

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.

Giorgio Armani superyacht

The Italian Sea Group says work on the second Admiral 72 | Giorgio Armani unit, which is currently being fitted out, is proceeding on schedule. Delivery for this unit is scheduled for Q3 2025, with a debut planned during the 2025 Monaco Yacht Show.

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