Armani considering sale of 5% stakes to Essilux, LVMH and L’Oréal

The Italian fashion house Giorgio Armani SpA is considering selling 5 percent stakes each to EssilorLuxottica, LVMH and L’Oréal, according to a report in the Italian daily La Repubblica. That would be broadly in line with the instructions left in his will by Giorgio Armani, who died in September, to ...

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