MILAN (AP) After a lifetime of spurning would-be business suitors, the late Italian designer Giorgio Armani instructed his heirs to sell an initial 15% minority stake in his vast fashion empire, with… [+3379 chars]
The late Italian fashion designer Giorgio Armani instructs heirs to sell stakes in his empire - AP News
The late Italian designer Giorgio Armani instructed his heirs to sell an initial 15% stake in his fashion empire. In his will, he prioritized French conglomerate LVMH, eyewear giant Essilor-Luxottica, or cosmetics company L’Oreal. Armani gave 40% control to h…
By:Colleen Barry
Source:Associated Press
Published:
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