MILAN – The Giorgio Armani Group closed 2022 on an upward trajectory, and business momentum continued in the primary quarter. The designer touted the consistency of his strategies and his pride within the independence of the corporate, steadfastly protected through the years.
Within the 12 months ended Dec. 31, revenues rose 16.5 percent to 2.35 billion euros compared with 2.02 billion euros in 2021.
Sales including licenses exceeded 4.5 billion euros, while retail sales turnover is estimated to exceed 6.5 billion euros.
The primary quarter trends for 2023 show net revenues increasing year-on-year by 18 percent over the identical period 2022, confirming the balanced growth across channels and the rise in operating profitability.
“The medium-long term strategic path I even have chosen to...
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