Armani may sell 15% stake to different partners, says CEO - What Giorgio Armani's will said about fashion house's future

Italian fashion house Armani is set to sell an initial 15% stake within 18 months of founder Giorgio Armani’s death. CEO Giuseppe Marsocci said the stake could be sold to multiple partners, with LVMH, L’Oréal and EssilorLuxottica among preferred buyers.