{"id":150302,"date":"2025-09-22T12:00:45","date_gmt":"2025-09-22T09:00:45","guid":{"rendered":"https:\/\/ldaily.ua\/?post_type=news&#038;p=150302"},"modified":"2025-09-12T23:25:52","modified_gmt":"2025-09-12T20:25:52","slug":"armani-zapoviv-rozprodaty-jogo-modnyj-dim","status":"publish","type":"news","link":"https:\/\/ldaily.ua\/en\/news\/novosti\/armani-zapoviv-rozprodaty-jogo-modnyj-dim\/","title":{"rendered":"Armani Willed His Fashion House to Be Sold"},"content":{"rendered":"<p data-start=\"40\" data-end=\"227\">The late designer Giorgio Armani instructed his heirs to gradually sell the fashion house he founded 50 years ago or to take it public. This is stated in his will, according to Reuters.<\/p>\n<p data-start=\"229\" data-end=\"374\">Giorgio Armani died at the age of 91, leaving no children who could inherit his fashion empire, which industry analysts value at \u20ac5\u201312 billion.<\/p>\n<p data-start=\"376\" data-end=\"588\">The will, consisting of two documents submitted to a notary in March and April this year, specifies that the heirs must sell an initial 15% stake in the Italian fashion house within 18 months of Armani\u2019s death.<\/p>\n<p data-start=\"590\" data-end=\"727\">Later, they are required to transfer an additional 30\u201354.9% stake to the same buyer within three to five years of the designer\u2019s death.<\/p>\n<p data-start=\"729\" data-end=\"1042\">Priority is to be given to luxury industry giant LVMH (Louis Vuitton), beauty industry leader L\u2019Oreal, eyewear leader EssilorLuxottica, or another \u201cequivalent-status\u201d group, as defined by the foundation Armani created to preserve his legacy, with the consent of his business and life partner Pantaleo Dell\u2019Orco.<\/p>\n<p data-start=\"1044\" data-end=\"1270\">The mention of selling shares and naming French publicly listed players as potential buyers comes as a surprise, given Giorgio Armani\u2019s steadfast refusal to dilute his control or list his fashion group on the stock exchange.<\/p>\n<p data-start=\"1272\" data-end=\"1435\">As an alternative to selling the second tranche of shares, the will provides for an initial public offering (IPO) in Italy or in a market of \u201cequivalent status.\u201d<\/p>\n","protected":false},"featured_media":150303,"menu_order":0,"template":"","newscat":[9],"newstag":[31529,31527,31528],"issues":[],"class_list":["post-150302","news","type-news","status-publish","has-post-thumbnail","hentry","newscat-novosti","newstag-companynewsbusinessnewscorporateupdatesleadershipchangesmergersandacquisitionsmarketmovements","newstag-novynykompanijbiznesnovynyrynkytransformacziyabiznesu","newstag-novostykompanyjbyznesnovostykorporatyvnenovostysmenarukovodstvaslyyanyyaypogloshhenyyarnkyykompanyy"],"_links":{"self":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news\/150302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media\/150303"}],"wp:attachment":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media?parent=150302"}],"wp:term":[{"taxonomy":"newscat","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newscat?post=150302"},{"taxonomy":"newstag","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newstag?post=150302"},{"taxonomy":"issues","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/issues?post=150302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}