Armani opens talks on 15% stake sale
Armani plans to begin stake-sale discussions with LVMH, L'Oréal and EssilorLuxottica, following instructions in late founder Giorgio Armani's will. The fashion group is required to sell a 15% holding within 18 months of his death. Chief executive Giuseppe Marsocci said there was no favourite and the stake could be divided among the three groups.
Why it matters
The process could bring one or more strategic shareholders into one of luxury's largest independent houses.
Sources
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Part of the September 28, 2026 brief.