EssilorLuxottica proposes taking stake of 5-10% in Armani, report says
Published by Global Banking and Finance Review
Posted on November 22, 2025
1 min readLast updated: January 20, 2026
Published by Global Banking and Finance Review
Posted on November 22, 2025
1 min readLast updated: January 20, 2026
EssilorLuxottica is interested in acquiring a 5-10% stake in Armani, without seeking a management role, as part of a potential restructure after Giorgio Armani's passing.
MILAN (Reuters) -Eyewear company EssilorLuxottica would be interested in taking a stake of between 5% and 10% in Armani but would not seek an active role in the management of the luxury fashion group, Italian business daily Il Sole 24 Ore reported on Saturday.
A restructure of the famed fashion house is expected following the death of founder and owner Giorgio Armani in September.
EssilorLuxottica was named in Armani's will alongside luxury conglomerate LVMH and L'Oreal as priority potential buyers of an initial stake of up to 15% in the company.
Citing unnamed sources, Il Sole said Franco-Italian company EssilorLuxottica had informed the Armani Foundation that it would be interested in becoming an investor but would seek a smaller stake and not ask for a seat on the board of Armani.
There was no immediate comment from Armani or EssilorLuxottica, whose brands include Ray-Ban.
(Reporting by Keith Weir and Elisa Anzolin;Writing by Keith Weir; Editing by Emelia Sithole-Matarise)
Equity represents ownership in a company, typically in the form of shares. Investors buy equity to gain a stake in the company's profits and assets.
An investment is the allocation of resources, usually money, to generate income or profit. Investments can include stocks, bonds, real estate, and more.
Corporate governance refers to the systems and processes that direct and control a company. It encompasses the relationships among stakeholders and the rules governing the management.
A luxury fashion brand is a high-end label known for its exclusive products, premium pricing, and strong brand identity, often associated with prestige and quality.
A financial community consists of individuals and organizations involved in the finance sector, including investors, banks, and financial institutions, who interact and share information.
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