Giorgio Armani considers selling 15% stake to L'Oréal, LVMH and Essilor
Italian fashion group Giorgio Armani is preparing to share minority stakes among three luxury and retail giants.
Published 10sem1 sourceImportantupdated 4j
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The fact
L'Oréal, LVMH and Essilor are reportedly in negotiations to jointly acquire 15% of Armani's capital.
This operation would strengthen the family group's financial position in the European luxury sector.
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