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Armani 'Doesn’t Rule Out' Merger or IPO In Succession Plan

Armani 'Doesn’t Rule Out' Merger or IPO In Succession Plan

Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in charge.

After fighting for years to keep Giorgio Armani SpA independent amid the mergers and acquisitions that reshaped the luxury sector, the billionaire design virtuoso now says he won’t rule out his firm someday combining with a bigger rival or listing on an exchange.

“Independence from large…


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Healthcare still underprepared for scope of cyber threats, says Kroll report

Healthcare still underprepared for scope of cyber threats, says Kroll report