The unsealing of the fashion icon’s will shows he left nothing to chance, divvying up much of his fortune to five now billionaires and even naming potential buyers for his iconic fashion house.
Giorgio Armani’s will instructs his heirs to sell the brand or pursue an IPO The will outlines a phased sale plan, prioritizing luxury giants like LVMH His foundation will retain a 30% stake to ...
MILAN, Sept 12 (Reuters) - The Giorgio Armani foundation, set up in 2016 and the key pillar of the Italian designer's succession, will propose the name of the group's new CEO, Armani's executive ...
In his final act, Giorgio Armani opened the door to a possible sale of the company he founded and nurtured for 50 years. The Italian fashion mogul, who died earlier this month at age 91, directed his ...
MILAN, September 12 - Giorgio Armani, who died last week aged 91, surprised the fashion world by instructing his heirs to gradually sell the empire he had set up in his 50-year-long career. Like ...