Armani to Begin Talks with EssilorLuxottica, LVMH, and L’Oreal on Sale of 15% Stake

Armani is preparing to initiate discussions with EssilorLuxottica, L’Oreal, and LVMH regarding the sale of a 15 percent stake in the company. This move follows instructions outlined in the will of Giorgio Armani, according to media reports. The talks represent a strategic step in executing the late founder's succession plan, involving key players in the luxury and optical sectors.