Armani’s legacy? A 5% stake each for LVMH, Essilor, and L’Oréal

This could be the right solution to honor the founder’s will while, at the same time, postponing the final decision until a more opportune moment. The knot surrounding the future of the Armani Group could be untangled by LVMH, EssilorLuxottica, and L’Oréal each acquiring an equal stake (i.e., 5% each) in the company. These three…