Armani names LVMH, Essilor, L’Oreal preferred buyers for stake
The 91-year-old designer’s will sets conditions for his foundation to sell 15% stake to major luxury groups, ending decades of fierce independence in fashion.
A window display at Giorgio Armani showcases both classic menswear tailoring and vibrant resortwear against a backdrop of luxury travel trunks — signaling the brand’s ongoing tension between heritage and reinvention. Image: Bloomberg News
A window display at Giorgio Armani showcases both classic menswear tailoring and vibrant resortwear against a backdrop of luxury travel trunks — signaling the brand’s ongoing tension between heritage and reinvention. Image: Bloomberg News