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Armani plans to sell 15% stake in three parts to luxury giants LVMH L’Oreal and EssilorLuxottica
Business
Published on 10 May 2026
A 15% holding split three ways could reshape control
Giorgio Armani’s fashion house is reportedly preparing to sell its 15% stake after the designer’s death, dividing it into three equal parts. LVMH, L’Oreal, and EssilorLuxottica have been named as preferred buyers, with the transaction expected to close within 12 to 18 months of Armani’s passing.
- Armani’s 15% stake may be split into three equal parts
- LVMH, L’Oreal, and EssilorLuxottica are reportedly preferred buyers
- The sale is expected within 12 to 18 months after Armani’s death
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times