Giorgio Armani heirs instructed to sell company or go public

2 hours ago 1
Giorgio Armani boutique in Milan, Italy

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Fashion titan Giorgio Armani left instructions for his heirs to either sell off his eponymous fashion house to peers including LVHM Moet Hennessy (OTCPK:LVMHF) (OTCPK:LVMUY), L’Oreal S.A. (OTCPK:LRLCF) (OTCPK:LRLCY), or EssilorLuxottica (OTCPK:ESLOF) (OTCPK:ESLOY) or go pursue a public offering.

Armani

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