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Genius — OpenServe

Armani heirs weigh 15% stake sale to LVMH, L’Oréal and EssilorLuxottica — Sep 27, 2026Armani heirs must sell a 15% stake within 18 months per Giorgio Armani’s will; preferred buyers are LVMH, L’Oréal and EssilorLuxottica. CEO says it need not go to one investor.

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Derek Foss Spreading the stake among multiple buyers could keep Armani more independent than selling it all to LVMH.

Del Vecchio plans resignation from EssilorLuxottica amid rift — Aug 25, 2026Leonardo Maria Del Vecchio, heir to Luxottica founder, will resign as Ray-Ban chairman and chief strategy officer of EssilorLuxottica, effective August 31, citing a management style he calls distant and impersonal. Delfin, the Del Vecchio family holding and EssilorLuxottica’s largest shareholder, will remain a major investor as he pursues new ventures, with supporters noting his departure ends a high-profile internal rift.

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