As Rome confirms Florence Mayor Matteo Renzi has formed a new government on Friday, fashion designer Giorgio Armani says he expects "real attention" from the new government, according to the Associated Press.

In regards to policies Armani said he would like to see politicians bring down the cost of labor, the AP reported.

"If China can make plastic jewelry for 30 euros, why do we have to pay 150 euros in Italy," Armani asked during a chat with reporters after his Emporio Armani preview show, according to the AP.

Emporio Armani joins Blumarine, Etro and Versace in showing their new lines on during the third day of Milan Fashion Week, the AP reported.

Armani designs the uniforms for the Italian Olympic team, including for the athletes currently competing in Sochi, according to the AP.

Armani is also at every home game for the Emporio Armani Milano basketball team, and in return the team came out to support him at the Emporio Armani show on Friday, the AP reported.

''He is always sitting there, in the front row, and he is cheering us and supporting us," said forward David Moss, according to the AP. "That's big when you have an owner like that, who is involved and appreciates the game of basketball."

Milan and Rome are Italy's fashion capital and political capital, and their fates are entwined, the AP reported.

Because Rome is the political capital, Italy's fashion world is mindful that whatever is decided in Rome is crucial to the industry's global competitiveness, according to the AP.