--- title: "Armani could split 15% stake among L'Oreal, LVMH, EssilorLuxottica, report says" type: "News" locale: "en" url: "https://longbridge.com/en/news/285838017.md" description: "Italian fashion house Giorgio Armani is considering selling its 15% stake in three equal parts to LVMH, L'Oreal, and EssilorLuxottica following the designer's death. CEO Giuseppe Marsocci is preparing a business plan and appointing advisers to oversee the sale, which aligns with Armani's will for a sale within 12-18 months of his passing. This strategy aims to keep all three potential buyers engaged during the initial phase of the sale process." datetime: "2026-05-10T10:09:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285838017.md) - [en](https://longbridge.com/en/news/285838017.md) - [zh-HK](https://longbridge.com/zh-HK/news/285838017.md) --- # Armani could split 15% stake among L'Oreal, LVMH, EssilorLuxottica, report says MILAN, May 10 (Reuters) - Italian fashion house Giorgio Armani is considering selling its 15% stake in three equal parts following the designer's death, potentially bringing in three buyers he had selected as shareholders, a newspaper reported on Sunday. Armani, who died at 91 last September, had named French luxury group LVMH and two commercial partners--beauty products maker L'Oreal and EssilorLuxottica--as preferred buyers for the company. Italian daily la Repubblica reported, without citing sources, that Armani CEO Giuseppe Marsocci is preparing a business plan as he moves to appoint two advisers to oversee the sale. The advisers would then share Marsocci's five-year business plan with potential investors. Ahead of the formal launch of the process, the group was considering splitting the 15% stake in three parts, in line with Armani's will which called for a sale within 12-18 months of his death, the paper said. This would help keep all three buyers engaged in the initial phase, the report said. The group did not immediately respond to a request for comment. (Reporting by Valentina ZaEditing by Bernadette Baum) ### Related Stocks - [LRLCY.US](https://longbridge.com/en/quote/LRLCY.US.md) - [LVMUY.US](https://longbridge.com/en/quote/LVMUY.US.md) - [ESLOY.US](https://longbridge.com/en/quote/ESLOY.US.md) ## Related News & Research - [Assessing L'Oréal (ENXTPA:OR) Valuation After Recent Share Price Weakness](https://longbridge.com/en/news/286430983.md) - [Bernstein Keeps Their Hold Rating on L’Oreal (0NZM)](https://longbridge.com/en/news/286201078.md) - [Is It Time To Reassess LVMH (ENXTPA:MC) After Its Prolonged Share Price Weakness?](https://longbridge.com/en/news/286343097.md) - [L Catterton, LVMH’s Investment Arm, Forms Strategic Partnership with Saint Bella Group to Fast Track Global Brand Growth](https://longbridge.com/en/news/286401433.md) - [Premium skincare brand Forest Cabin will study L’Oreal, but not copy it: CEO interview](https://longbridge.com/en/news/286831488.md)