Emporio Armani
The infatigable designer, who is also chairman of his Milan-based empire, stated: "The excellent results achieved in 2011, both in terms of turnover and profit margins, confirm yet again the soundness of the group's strategies, particularly given the current period of uncertainty."
Again in the first quarter in 2012 Giorgio Armani shows no sign of slowing down, posting a double-digit increase in revenues both at retail and wholesale. "On the basis of these results we look with cautious optimism to 2012 and beyond, and reconfirm our long-term strategic development plans," said Armani.
In 2011, all brands grew across all geographical markets, and the company highlighted a selective distribution strategy and a streamlined management, noted WWD. The group's brands include Giorgio Armani Privé, Giorgio Armani, Emporio Armani, Armani Collezioni, AJ Armani Jeans, A|X Armani Exchange, Armani Junior and Armani/Casa.
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