The fashion world is buzzing after Giorgio Armani, who passed away at 91, left behind a will that opens the door to a potential landmark sale of Giorgio Armani SpA. Starting with a 15% stake and possibly a full takeover in three years, three suitors are in the running: LVMH, L’Oréal, and EssilorLuxottica.
Analysts value the brand at $57 billion, making it one of the last great independent houses. Among the contenders, LVMH looks like the frontrunner with its deep Italian ties, patient capital, and a history of elevating brands without diluting their identity.
For now, Armani’s foundation and trusted inner circle are steering the ship, with an IPO still on the table. But make no mistake—this isn’t just about one fashion house. It’s a defining moment signaling the end of founder-led luxury and the growing dominance of a few global empires.
👀 Investors, fashion lovers, and industry insiders alike should watch closely. The ripple effects could reach far beyond Milan.