Giorgio Armani's Legacy: Heirs to Sell Major Stake in Fashion Empire
TL;DR Summary
Giorgio Armani has identified LVMH and L’Oréal as among the preferred buyers for his fashion empire, highlighting potential strategic moves or sales interests in the luxury fashion industry.
- Giorgio Armani named LVMH and L’Oréal among preferred buyers for fashion empire Financial Times
- In surprise twist, Armani's will sets stage for sale of fashion empire Reuters
- The late Italian fashion designer Giorgio Armani instructs heirs to sell 15% of his empire ABC News
- Giorgio Armani, who dressed the powerful and famous from boardroom to Hollywood, dies at 91 AP News
- Giorgio Armani leaves his business to the Foundation, family and friends, but heirs must eventually sell a big stake FashionNetwork USA
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