Armani donates $1m to NY arts organisation

Giorgio Armani is making a $1m (€781,208) donation to help fund a New York arts programme.

The generous pledge will create the Armani Arts Institute, which will help finance creative initiatives in many of the city's poorest school districts.

In a statement, the big-hearted designer says it was “an investment in the future generations of New York City".

He adds: "What excites me most is that we are not just providing the wood for dance floors and the oil paints for our future artists. More importantly, we are giving young kids a chance to dream.”

The donation will help the Fund for Public Schools, a non-profit organisation collecting money to support the school system.