Report: Armani 15% stake could be split between L'Oreal, LVMH and EssilorLuxottica
Giorgio Armani's planned 15% stake sale could be split equally between L'Oreal, LVMH and EssilorLuxottica, according to a media report. Talks remain ongoing and none of the companies have publicly confirmed the structure.
According to a media report cited by Investing.com, the 15% stake that Italian fashion house Giorgio Armani is preparing to sell could be carved up among three strategic investors. The report suggests that L'Oreal, LVMH and EssilorLuxottica may each take an equal slice and become co-shareholders in the group.
Such a structure would give each buyer leverage over a different segment of Armani's business. L'Oreal could deepen ties on cosmetics and fragrances, LVMH on ready-to-wear and accessories, and EssilorLuxottica on eyewear, where the two companies already collaborate. None of the parties has publicly confirmed the terms of the discussions.
Despite the slowdown in luxury demand over recent quarters, strategic consolidation across the sector continues to accelerate. Armani's restructuring plan, announced earlier in May 2026, is built around safeguarding the founder's legacy and securing long-term capital partners for the group.
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