LVMH Selected as Favored Partner in Giorgio Armani's Will
Published on: Sept. 12, 2025, 10:25 p.m. | Source: Devdiscourse
Luxury conglomerate LVMH has been recognized in designer Giorgio Armani's will as a potential partner. The will proposes a gradual sale of Armani's business to a larger entity, suggesting a 15% initial stake sale within 18 months and additional sales to follow, prioritizing companies like LVMH, L'Oreal, or EssilorLuxottica.
