Italian billionaire designer Giorgio Armani instructs heirs to gradually sell fashion empire to LVMH, L'Oreal

Sep 13, 2025 - 22:05
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Italian billionaire designer Giorgio Armani instructs heirs to gradually sell fashion empire to LVMH, L'Oreal
Late billionaire designer Giorgio Armani's will instructed his heirs to begin gradually selling his 50-year-old fashion house within 18 months of his death, with LVMH and L’Oréal among priority buyers.

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