luxury yachting — Cypriot entrepreneur Costas Cleanthous is making waves in the luxury yacht sector with his introduction of two exquisite vessels designed by the renowned Giorgio Armani. Built by The Italian Sea Group, these yachts are poised to redefine high-end yachting.
- The International Yacht Company (IYC) is managing the construction and future operations of these luxury vessels, ensuring that they maintain the highest standards of performance and service.
The first yacht has successfully completed construction and is currently undergoing sea trials, while the second is in the final stages of development. Anticipation is building as the debut of the first vessel is set for the upcoming Monaco Yacht Show, where it is expected to attract considerable interest from investors and yachting enthusiasts alike, according to Greece’s Proto Thema.
Luxury yachting: A Unique Collaboration
The collaboration between Armani and The Italian Sea Group marks a significant milestone in luxury yacht design. This partnership, announced in February 2023, has resulted in two identical 72-metre yachts that embody Armani’s distinctive aesthetic vision.
Both the exterior and interior designs are meticulously overseen by Armani. The yachts feature clean geometric lines complemented by soft curves, showcasing a harmonious blend of stylistic sophistication. The interiors, crafted by Armani/Casa, echo the designer’s ethos, balancing elegance with functionality, and setting new standards in luxury yachting.
Armani’s Passion for the Sea
Giorgio Armani himself described this project as a deeply personal venture. He remarked, “The sea and design are two of my greatest passions. With this new collaboration, I extended the concept of decoration and furnishings into the nautical world, where — as in fashion — aesthetics and functionality coexist naturally and elegantly.”
Giovanni Costantino, founder and chief executive of The Italian Sea Group, echoed this sentiment, stating, “This yacht represents the union of Giorgio Armani’s poetic elegance with The Italian Sea Group’s technical mastery. A creative journey that turned a dream into reality, now sailing the seas with grace.”
Designed for Global Exploration
Engineered for global voyages, the Admiral 72|Giorgio Armani yachts combine exceptional design with top-tier nautical performance. They are crafted to navigate all of the world’s oceans, offering owners unparalleled freedom at sea while providing seamless access to unique destinations.
The International Yacht Company (IYC) is managing the construction and future operations of these luxury vessels, ensuring that they maintain the highest standards of performance and service.
Costas Cleanthous: A Multifaceted Entrepreneur
Costas Cleanthous is well-known in various sectors, including finance, real estate, hospitality, media, and shipping. His reputation as a visionary entrepreneur was solidified with the founding of XM in 2009, a trading platform that has evolved into a global leader, boasting over 10 million clients across 190 countries.
Born and raised in Cyprus, Cleanthous studied at the London School of Economics and City Business School. His investments extend to landmark projects in Cyprus, including hotels and media outlets. Through the Cleanthous Foundation, he actively supports social and charitable initiatives, with a notable project being the planned construction of a state-of-the-art paediatric oncology clinic in Nicosia.
