Giorgio Armani names Giuseppe Marsocci as chief after founder’s death
New boss will oversee late fashion designer’s instruction to pursue stake sale to LVMH, L’Oréal or EssilorLuxottica
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Giorgio Armani, fashion designer and businessman, 1934-2025
Founder of world’s largest private luxury brand transformed his industry
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Giorgio Armani’s will outlined hopes for one of three European giants to buy into his fashion group. But a deal may prove complex
Giorgio Armani’s will says his brand should be sold or seek IPO
Late founder instructs heirs to gradually sell stakes with priority given to LVMH, L’Oréal or EssilorLuxottica
Armani’s flair suits fashion better than finance
The late designer’s will leaves particularly detailed directives that will hem in his heirs
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Il cda del gruppo che ha chiuso il 2024 con 2,4 miliardi di ricavi si riorganizza dopo la scomparsa dello stilista, fondatore…
Armani’s will sets the stage for the sale of his fashion empire in a surprise…
LVMH, L’Oreal and EssilorLuxottica or another group of ‘equal standing’ were named as potential buyers.
