What really irks me about it is that there is absolutely nothing in the formulation that justifies the claim that it has a "unique 3D Micro-fil technology". There is a spot of mica that will diffuse light. But what cosmetic doesn't contain mica these days? Apart from that, there are a couple of silicones, a sunscreen and a surfactant.
The presence of aluminum hydroxide is of concern. Alumina is a toxin (associated, amongst other things, with Alzheimer's) and hydroxide is thought to be one of the most harmful forms because it is easily absorbed.
Ingredients in Armani Face Fabric
Octinoxate 2%, Cyclopentasiloxane, Dimethicone Crosspolymer, Disodium Stearoyl Glutamate, Aluminum Hydroxide. May contain: Mica, Red 36, Yellow 5 Lake, Iron Oxides, Titanium Dioxide