Milan, Italy, Sept 12, 2025 (AFP) - Armani will lays path to potential buyout by rival

NAMPA / AFP

2025-09-12

Fashion legend Giorgio Armani asked in his will made public Friday for a major luxury group to take a stake in his company, citing LVMH, EssilorLuxottica or L'Oreal as potential buyers. The Italian designer, who died on September 4 aged 91, had kept strict control of the business empire built up over five decades, which ranged from haute couture to hotels. But in his will, published by the Italian press, the billionaire said that the foundation w......

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