Giorgio Armani’s Will: Italian designer leaves 15% stake in firm to LVMH, EssilorLuxottica, and L’Oréal — What we know

Giorgio Armani’s will: The Italian designer Giorgio Armani, who left the giant company Giorgio Armani SPA to his foundation, directed his presence to start the sale of 15% stake to Lvmh Moet Hennessy Louis Louis Vuitton SE, Essilorluxoticica, L’Oréal SA or another company in the next 18 months. Bloomberg, Referring to the will on Friday, September 12, 2025.

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Giorgio Armani, an important personality in Global Fashion and Hollywood, passed away on Thursday, September 4, 2025 at the age of 91.

According to the agency report, Armani’s will was opened to the public on Friday, September 12, summarizing the designer’s last requests. Giorgio Armani has left his company to his foundation, family members and Leo Del’orco for a long time.

The news report also emphasizes that at the end of the plan, it is a movement aimed at making the Italian brand part of a larger group. Armani’s long -term assistant Leo Del’orco will often play an important role in Armani, a close confidant and partner of Armani, who is often called ‘right -hand man’.

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Under the leadership of Giorgio Armani, the company has been independent and financially healthy for about twenty years. However, there have been concerns about the increase in income in the midst of the current situation of the luxury industry, which witnesses a pandemic decline in the impact of increasing tariffs and market demand.

Under the leadership of Aramani, the company managed to browse the shifts in the consumer habits when the company launched Acqua Di Gio, licensed to L’Oreal Sa, who dominated the sales in the online market.

The death of Armani

Giorgio Armani, who brought Italy to the forefront of global fashion and made a premium offer in Hollywood, died on September 4, 2025 at the age of 91 and reported the news agency. Reuters, referring to an official statement.

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Giorgio Armani Spa announced the death of the designer and announced that the Armani Group, Creator, Founder and Tireless Driving Force: Giorgio Armani announced that the death of the designer.

The movement to transfer 15% of Armani’s share to these companies comes after 50 years as the only owner of the fashion giant. Armani was popular to work with a strictly connected group of colleagues and members of his family.

“We are always committed to protecting what they have built and carrying their company with respect, responsibility and love in their memory,” he said.

The funeral room was opened in Milan on the next Saturday and Sunday to allow Giorgio Armani to pay his respect for good wishes. After that, according to the agency report, Armani’s funeral was held on September 8, 2025.