Bernard Arnault Expresses Honor Over Giorgio Armani’s Will Designation
Published: September 14, 2025
In a significant development within the luxury fashion industry, Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton, expressed his gratitude and honor upon learning that Giorgio Armani had named his company as a potential partner in his will. This announcement comes shortly after the passing of the legendary Italian designer on September 4, 2025, at the age of 91.
A Legacy of Innovation and Style
Giorgio Armani, a titan in the fashion world, was renowned for revolutionizing the industry with his innovative designs and business acumen. His contributions to haute couture and ready-to-wear fashion have left an indelible mark on the global landscape. Arnault, in a statement to Agence France-Presse (AFP), praised Armani as a “true genius” and one of the few great couturiers alongside Christian Dior who successfully built a global brand that melded style with industry.
Arnault’s acknowledgment of Armani’s legacy underscores the profound respect that exists between these two influential figures in luxury fashion. “If we were to work together in the future, LVMH would be keen to further strengthen its presence and leadership worldwide,” Arnault stated, highlighting the potential for a fruitful partnership.
The Terms of the Will
According to reports from Italian media, Armani’s will stipulates that his foundation is to sell a 15% stake in his company to a luxury goods giant, which could include LVMH, L’Oréal, or EssilorLuxottica. This sale is expected to occur within 12 to 18 months following the will’s opening. The selected partner will also have the option to acquire between 30% and 54.9% of the remaining shares, potentially leading to a significant shift in the ownership structure of the Armani brand.
The Armani group, which encompasses a diverse range of activities from haute couture to hospitality, is valued at several billion euros. This valuation reflects not only the brand’s historical significance but also its ongoing relevance in the luxury market.
LVMH’s Financial Landscape
LVMH, the world’s largest luxury goods conglomerate, reported sales exceeding 84 billion euros in 2024. The company has a diverse portfolio that includes high-end fashion, cosmetics, and wines and spirits. Arnault’s vision for LVMH has consistently focused on expanding its global footprint, and a partnership with Armani could further solidify its dominance in the luxury sector.
L’Oréal and EssilorLuxottica’s Interest
L’Oréal, which has held the license for Armani’s perfumes and cosmetics since 1988, has also expressed interest in the potential partnership. A spokesperson for the company stated that they are “studying this prospect with great consideration,” emphasizing the long-standing relationship between the two brands.
Similarly, EssilorLuxottica, a leader in eyewear, has indicated that it will evaluate the opportunity “attentively.” A company representative expressed pride in the esteem that Armani has shown for their group, suggesting that the designer’s legacy continues to resonate within the industry.
The Future of Luxury Fashion
The potential partnership between LVMH and the Armani brand raises questions about the future of luxury fashion. As consumer preferences evolve, brands are increasingly seeking innovative ways to remain relevant. Collaborations and partnerships have become a strategic approach to navigating this dynamic landscape.
Historically, the luxury sector has seen numerous mergers and acquisitions, often resulting in enhanced brand visibility and market reach. The partnership between LVMH and Armani could serve as a case study for future collaborations in the industry, particularly as brands seek to leverage each other’s strengths.
Conclusion
The designation of LVMH as a potential partner in Giorgio Armani’s will marks a pivotal moment in the luxury fashion industry. As Bernard Arnault reflects on the legacy of a designer who transformed the fashion landscape, the implications of this partnership could reverberate throughout the sector. With LVMH’s financial prowess and Armani’s storied history, the future holds exciting possibilities for both entities. As the luxury market continues to evolve, the collaboration could set a new standard for partnerships in the industry, blending tradition with innovation.
