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.
Wealthy Haj pilgrims are increasingly choosing luxury packages featuring five star hotels close to Haram Sharif, premium transport, upgraded tents in Mina and Arafat, and curated food services. Tour organisers say demand rose after actor Aamir Khan arranged special facilities for his mother’s Haj in 2011, sparking broader interest in comfort focused offerings.
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