Armani Reportedly to Start Equity Sale Talks with LVMH, L'Oréal

Published Sep 27, 04:08 AM UTC

According to market sources cited by financial data provider Jin10, Italian fashion house Giorgio Armani is reportedly set to initiate equity sale negotiations with luxury conglomerates LVMH (Moët Hennessy Louis Vuitton) and L'Oréal. The report, attributed to market sources, indicates that these discussions are expected to begin imminently, though no specific timeline or valuation details have been disclosed. The potential deal would mark a significant shift for the privately held Armani group, which has long maintained its independence under founder Giorgio Armani. Both LVMH and L'Oréal are major players in the luxury and beauty sectors, respectively, and an acquisition or stake purchase would expand their portfolios in the high-end fashion market. The report remains unconfirmed by the involved parties, and the outcome of any negotiations is uncertain at this stage.

Content shown outside its original language is machine translated; summaries may also be condensed.