Arsene Wenger is keen on bringing in a top striker this summer to provide both competition and support to Olivier Giroud this season and Aubameyang fits the bill.
The French-born Gabon International has been heavily linked to Arsenal in recent weeks, and now talks are said to have begun between the two clubs over a possible deal.
This report is coming amid earlier claims of Arsenal having an initial £28.7million bid rejected by Dortmund for Aubameyang.
But now, France Football claim the Gunners have returned to Germany to try and convince Dortmund to sell Aubameyang – who has reportedly stalled signing a new contract at the Westfalenstadion with the hopes of moving to England instead.
Fellow north London rivals Tottenham are among other top clubs interested in signing 26-year-old Aubameyang this summer.