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As Armani Speculation Swirls, What’s Next for Italy’s Dealmaking Surge?

The current wave of mergers and listings is expected to grow as big groups like LVMH and Kering surge ahead and Italy’s last remaining luxury independents face pressure to bounce back from the pandemic while juggling succession planning and digital transformation.
Models walk the runway during the Armani's show at Milan Men's Fashion Week Spring/Summer 2021/22 on June 21, 2021. Getty Images.
Models walk the runway during the Armani's show at Milan Men's Fashion Week Spring/Summer 2021/22 on June 21, 2021. Getty Images.

How will things shake out for the last of Italy’s independent luxury brands? That’s the question many in the fashion industry are asking after another flurry of financial news and deal speculation.

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