Giorgio Armani's Legacy: Heirs Prepare to Sell Major Stake Amid Final Collections

Following Giorgio Armani's death, major luxury companies like LVMH, L’Oréal, and EssilorLuxottica have expressed interest in acquiring his fashion group, with potential stakes to be sold over the next few years. Armani's will designates the Armani Foundation to oversee the company's future, emphasizing brand continuity, strategic growth, and cautious diversification, while maintaining control within the family and key partners like Leo Dell'Orco.