Giorgio Armani's Will Names LVMH, EssilorLuxottica, L'Oreal Preferred Buyers for Company Stake, Bloomberg Says

Dow Jones

09/12

-- Giorgio Armani's will leaves the entirety of his namesake company to his foundation, family members and longtime aide Leo Dell'Orco and outlines a plan to sell a part of the brand to a larger fashion group, Bloomberg reports.

-- The will sets up conditions for the foundation to sell an initial stake of 15% in the company to French luxury conglomerate LVMH, eyewear group EssilorLuxottica, beauty giant L'Oreal or another company of similar standing within 18 months, according to Bloomberg. The buyer can eventually increase the stake to up to 54.9%, Bloomberg says.

Full story: bit.ly/4gliKWB

Write to Andrea Figueras at andrea.figueras@wsj.com

(END) Dow Jones Newswires

September 12, 2025 05:04 ET (09:04 GMT)

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The buyer can eventually increase the stake to up to 54.9%, Bloomberg says. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Full story: bit.ly/4gliKWB \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Andrea Figueras at andrea.figueras@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 12, 2025 05:04 ET (09:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Giorgio Armani's Will Names LVMH, EssilorLuxottica, L'Oreal Preferred Buyers for Company Stake, Bloomberg Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGiorgio Armani's Will Names LVMH, EssilorLuxottica, L'Oreal Preferred Buyers for Company Stake, Bloomberg Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-09-12 17:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  -- Giorgio Armani's will leaves the entirety of his namesake company to his foundation, family members and longtime aide Leo Dell'Orco and outlines a plan to sell a part of the brand to a larger fashion group, Bloomberg reports. \n</p>\n<p>\n  -- The will sets up conditions for the foundation to sell an initial stake of 15% in the company to French luxury conglomerate LVMH, eyewear group <a href=\"https://laohu8.com/S/ESLOF\">EssilorLuxottica</a>, beauty giant L'Oreal or another company of similar standing within 18 months, according to Bloomberg. The buyer can eventually increase the stake to up to 54.9%, Bloomberg says. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Full story: bit.ly/4gliKWB \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Andrea Figueras at andrea.figueras@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 12, 2025 05:04 ET (09:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LRLCY","symbol_name":"欧莱雅","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2566392228","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566392228","pubTimestamp":1757667840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"-- Giorgio Armani's will leaves the entirety of his namesake company to his foundation, family members and longtime aide Leo Dell'Orco and outlines a plan to sell a part of the brand to a larger fashion group, Bloomberg reports.-- The will sets up conditions for the foundation to sell an initial stake of 15% in the company to French luxury conglomerate LVMH, eyewear group EssilorLuxottica, beauty giant L'Oreal or another company of similar standing within 18 months, according to Bloomberg. The buyer can eventually increase the stake to up to 54.9%, Bloomberg says.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LRLCY":"欧莱雅","ESLOY":"EssilorLuxottica","LVMUY":"路易威登","BK4183":"个人用品","BK4585":"ETF&股票定投概念","BK4198":"医疗保健用品","BK4588":"碎股","BK4202":"服装、服饰与奢侈品"},"translate_title":"彭博社称，乔治·阿玛尼(Giorgio Armani)的遗嘱将路威酩轩集团(LVMH)、依视路洛陆逊梯卡(EssilorLuxottica)和欧莱雅(L'Oreal)列为公司股份的首选买家","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ESLOY":0.9,"LRLCY":0.9,"LVMUY":0.9},"content_text":"-- Giorgio Armani's will leaves the entirety of his namesake company to his foundation, family members and longtime aide Leo Dell'Orco and outlines a plan to sell a part of the brand to a larger fashion group, Bloomberg reports. \n\n\n  -- The will sets up conditions for the foundation to sell an initial stake of 15% in the company to French luxury conglomerate LVMH, eyewear group EssilorLuxottica, beauty giant L'Oreal or another company of similar standing within 18 months, according to Bloomberg. The buyer can eventually increase the stake to up to 54.9%, Bloomberg says. \n\n\n \n\n\n  Full story: bit.ly/4gliKWB \n\n\n \n\n\n  Write to Andrea Figueras at andrea.figueras@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 12, 2025 05:04 ET (09:04 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}