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FRENCH CONNECTIONS: When it comes to Giorgio Armani’s future, speculation about a deal between the designer and L’Oréal, his longtime beauty partner, has been alive and kicking for some time — but apparently Armani flirted with a new flame.
The designer implied in a recent interview with Bloomberg News that he had held talks with Hermès to merge the two companies, a move he claimed would have benefits to both parties. Armani noted he’s a longtime admirer of the storied French luxury goods house known for its status Birkin and Kelly bags. But by Armani’s own admission, the talks went nowhere and an agreement was never reached because of the numerous Hermès family shareholders. An Armani spokesman declined to elaborate, and Hermès officials had no comment.