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From:
The Business of Fashion
(Uncensored)
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Armani Approached Potential Buyers Over Stake Sale, Sources Say
https://www.businessoffashion.com/news/luxury/armani-approached-potential-buyers-over-stake-sale-sources-say/
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Armani representatives have informally approached potential buyers, including L’Oréal, for a minority stake in the Italian fashion group, with Rothschild expected to advise on the transaction.