L'Oréal, named by late designer Giorgio Armani as a potential investor for his business in his will, would only be interested in its profitable beauty arm, reported Bloomberg. L'Oréal has a license with Armani to market its fragrance, makeup and skincare products until 2050. Armani's will directed a 15% stake sale to L'Oréal, Louis Vuitton or EssilorLuxottica.