89-year-old Giorgio Armani, founder of the Italian fashion empire, considers merger or IPO as he steps back from leadership.
89-year-old Giorgio Armani, founder of the Italian fashion empire, hints at potential changes for his company, such as a possible merger with a larger rival or an IPO. Previously resistant to mergers and acquisitions, Armani is now open to considering them as he steps back from his leadership role. This shift in stance follows industry trends and aligns with his company's growth.
April 19, 2024
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