Armani Group news and archive

Armani reports “better performance” than forecast in 2019

Italian fashion group Giorgio Armani has reported a return to growth in 2019, a year in advance following the rollout of its strategic plan to upgrade its brand portfolio and streamline its distribution network. In 2019, the Armani Group reported consolidated net earnings totalling 124 million euros on net sales revenue of 2,158 million euros,...

Business

Restructuring negatively impacts Giorgio Armani's FY17 sales and profit

The Armani Group has said through a media statement that the company achieved positive results in 2017, with net profits of 325 million euros (376.7 million dollars) on 2,335 million euros (2,706,5 million dollars) of net revenues, down 7 percent at actual exchange and 5.8 percent at constant exchange. The company said, these results fit in the...