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Stock impact report

Giorgio Armani Won't Rule Out an IPO or Merger [Yahoo! Finance]

KERING SA UNSP/ADR (PPRUY) 
NASDAQ:AMEX Investor Relations: kering.com/en/finance
Company Research Source: Yahoo! Finance
But in the future, it could become part of a luxury conglomerate—or even be taken public, Armani told Bloomberg in a rare interview on Friday. More from Robb Report Architects and Fashion Designers Are Penning Yachts, and It's Changing How They're Made Denim Is the Fashion World's Funnest Flex Right Now. Here's How to Wear the Latest Styles. Tadao Ando Reveals First Look at the Armani Beach Residences in Dubai “I don't currently envisage a takeover by a large luxury conglomerate,” Armani wrote in a written interview with the outlet. “But as I said, I don't want to exclude anything a priori because that would be an ‘unentrepreneurial' course of action . . . Listing is something we have not yet discussed, but it is an option that may be considered, hopefully in the distant future.” Armani built his company to become one of the world's luxury leaders , but he hasn't spoken much publicly about what will happen to the brand once he's no longer at its helm. Now, though, he's ope Show less Read more
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