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Italy
Anointed investors remain wary of buying into Armani

Reading time 2 min

Under the terms of Giorgio Armani's will, his heirs have until the end of this year to bring LVMH, L'Oréal or EssilorLuxottica on board as minority shareholders. But the strict conditions imposed by the late fashion designer, along with the mediocre financial performance of his empire of late, has been complicating negotiations with the potential investors.

This article is part of this Running Story

Luxury giants jostle and waver over Armani acquisition All articles

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