EssilorLuxottica Prepared to Buy 5%-10% of Armani: Il Sole

Eyewear giant EssilorLuxottica SA is prepared to buy a 5% to 10% stake of Giorgio Armani SpA, following the death of the fashion house’s founder, Il Sole 24 Ore reported,...

By Vernon Silver, Daniele Lepido · Bloomberg

Eyewear giant EssilorLuxottica SA is prepared to buy a 5% to 10% stake of Giorgio Armani SpA, following the death of the fashion house’s founder, Il Sole 24 Ore reported, without saying where it got the information.