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Report: Agnelli Heir Held Armani Tie-Up Talks to Build Luxury Empire

John Elkann has been exploring a possible tie-up with Giorgio Armani as part of a plan to build a luxury conglomerate anchored around Ferrari, say sources.
Giorgio Armani Store. Shutterstock.
Giorgio Armani Store. Shutterstock.
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John Elkann, scion of Italy’s Agnelli family, has been exploring a possible tie up with fashion designer Giorgio Armani as part of a plan to build a luxury conglomerate potentially anchored around Ferrari, five sources familiar with the matter told Reuters.

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