AAP Finance
Armani tells heirs to sell part of his fashion empire
After a lifetime of spurning would-be business suitors, the late Italian designer Giorgio Armani is instructing his heirs to sell a 15 per cent minority stake in his vast fashion empire, with priority to the French conglomerate LVMH, the eyewear giant Essilor-Luxottica or the cosmetics company L'Oreal.
By AAP Newswire