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Hey guess what? Armani Jeans has a basketball team. And not just an intramural office one, either—it's a real team with tall players and everything. WWD reports:
Giorgio Armani, ever the basketball fan, has pledged 42 million euros, or $57.9 million at current exchange, over the next three years to the Milan-based Olimpia Armani Jeans team, of which he is a sponsor and partial owner. In October, the Italian designer said he would donate 2.4 million euros, or $3.3 million, to restore Milan’s historical Palalido sports center.· All net [WWD]