EssilorLuxottica allegedly proposes to acquire a 5%-10% share in Armani.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 22 2025
0mins
Source: SeekingAlpha
EssilorLuxottica's Stake Offer: EssilorLuxottica has proposed to acquire a 5% - 10% stake in Armani following the death of its founder, Giorgio Armani, without seeking an active management role.
Preferred Buyers: The company is one of three preferred buyers mentioned in Armani's will, alongside LVMH and L’Oréal, for an initial stake sale of up to 15% within 18 months.
Potential IPO: Armani's will indicates that if his heirs agree, the company may consider an IPO or allow the buyer to increase their stake to a majority after the initial purchase.
Market Context: EssilorLuxottica is known for its eyewear brands, including Ray-Ban, and maintains a neutral stance despite recent encouraging sales reports.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
