Armani stake sale process enters its midpoint, with LVMH among candidates
Armani Group has formally begun the stake sale process one year after founder Giorgio Armani’s death. The first equity divestment tranche is expected to move within weeks under the roadmap in his will, which reaches its midpoint. LVMH, EssilorLuxottica and L’Oréal are named as possible buyers, though deadlines are not strictly binding and valuation could delay any deal.