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

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.