Armani bids for US Embassy?

Mayfair is no stranger to designer names, but could one fashion icon have designs on a whole side of Grosvenor Square?

The Mail on Sunday has speculated today that Giorgio Armani is in the bidding to buy up the leasehold to the US Embassy building in Mayfair. According to the newspaper he has an ambition to become an international hotellier and thinks the US Embassy building – with the Americans soon to decamp to Nine Elms – could be just what he’s after. One thing is certain: the famous designer will face stiff opposition for this prime piece of real estate.