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

Dow Jones

Sep 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)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2566392228"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2566392228\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2566392228?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-12 17:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2566392228","market":"sh","top_or_hot":-1,"title":"Giorgio Armani's Will Names LVMH, EssilorLuxottica, L'Oreal Preferred Buyers for Company Stake, Bloomberg Says","media":"Dow Jones","content":"<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>","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"}}}