Armani's 15% Stake Could Be Split Among L'Oreal, LVMH and EssilorLuxottica
Giorgio Armani's 15% stake, earmarked in the founder's will, could be split equally among France's L'Oreal, LVMH and Franco-Italian EssilorLuxottica, according to a press report. The decision would reshape the balance of power in the global luxury sector.
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