After a lifetime of spurning would-be business suitors, the late Italian designer Giorgio Armani instructed his heirs to sell a 15% minority stake in his vast fashion empire within 18 months, according to his business will posted online on Friday by the Italian daily La Repubblica.
He also demanded that this stake should be sold to either the French conglomerate LVMH, the eyewear giant Essilor-Luxottica, the cosmetics company L'Oréal, or another group of "equal standing".
