Report: Armani Could Split 15% Stake Among L’Oreal, LVMH, EssilorLuxottica

23 hours ago 38

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Italian daily la Repubblica reported, ‌without citing sources, that Armani ​CEO Giuseppe Marsocci is preparing a business plan ⁠as he moves to appoint two advisers to oversee ‌the sale.

Model on runway.

Giorgio Armani is considering selling a 15% stake in the company in three equal parts. (Alessandro Garofalo)

Italian fashion house

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