Bernard Arnault , CEO of the world's number one luxury goods group LVMH , said on Friday he was "honored" that his group had been designated by Giorgio Armani in his will as a "player likely to forge a partnership" with the Italian group.

"Giorgio Armani, whom I had the joy of knowing personally, was a true genius; the only great couturier, along with Christian Dior , who built and led a global brand in terms of both style and industry," according to Bernard Arnault, in a statement to AFP.

"If we were to work together in the future, LVMH would be keen to further strengthen its presence and leadership worldwide," he added.

"Giorgio Armani has honored us by naming us as a potential partner for the exceptional house he has built," added the LVMH CEO.

The legendary couturier, who di

See Full Page