{"id":183322,"date":"2025-09-12T13:12:40","date_gmt":"2025-09-12T09:12:40","guid":{"rendered":"https:\/\/abcmedia.am\/?p=183322"},"modified":"2025-09-12T13:47:25","modified_gmt":"2025-09-12T09:47:25","slug":"giorgio-armanis-will-orders-fashion-brand-to-be-sold-in-stages-to-a-single-buyer","status":"publish","type":"post","link":"https:\/\/abcmedia.am\/en\/news\/183322\/","title":{"rendered":"Giorgio Armani’s will orders fashion brand to be sold in stages to a single buyer"},"content":{"rendered":"\n

The will of late fashion designer Giorgio Armani instructs heirs to sell a 15% stake in the Italian fashion house within 18 months and later transfer an additional 30% to 54.9% to the same buyer between three and five years after his death, according to a copy of the will reviewed by Reuters<\/a>.<\/p>\n

The will also states that priority should be given to luxury giant LVMH,  beauty heavyweight L’Oreal, eyewear leader EssilorLuxottica, or other groups․<\/p>\n

Heirs should consider other fashion and luxury companies with which Armani’s company has commercial ties for a future sale.<\/p>\n

Armani was the sole major shareholder of the company he set up with his late partner Sergio Galeotti in the 1970s.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"

The will of late fashion designer Giorgio Armani instructs heirs to sell a 15% stake in the Italian fashion house within 18 months and later transfer an additional 30% to 54.9% to the same buyer between three and five years after his death, according to a copy of the will reviewed by Reuters. The will […]<\/p>\n","protected":false},"author":7,"featured_media":183288,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2,43,98,47,54],"tags":[],"class_list":["post-183322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-world","category-other-en","category-society","category-social"],"acf":[],"_links":{"self":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/183322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/comments?post=183322"}],"version-history":[{"count":1,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/183322\/revisions"}],"predecessor-version":[{"id":183323,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/183322\/revisions\/183323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media\/183288"}],"wp:attachment":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media?parent=183322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/categories?post=183322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/tags?post=183322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}