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25 May

Giorgio Armani Group Reports Strong 2022 and Q1

Giorgio Armani Group Reports Strong 2022 and Q1
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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19 May

Giorgio Armani to Hold One Night Only Show Event

Giorgio Armani to Hold One Night Only Show Event
MILAN – Giorgio Armani is reprising his One Night Only events, planning to stage a fashion show in Venice, coinciding with the 80th edition of the international Film Festival there. The event is supposed to have a good time cinema – a lifelong passion of Armani’s. An Armani Privé couture show will probably be held on Sept. 2 on the Arsenale, a storied complex of former shipyards and armories, followed by a night party. The designer’s couture show will probably be paraded commonly in Paris in July. This can be a return to Venice for Armani, reaffirming his reference to the film festival, which began in 1990 with the world premiere of the documentary “Made in Milan” directed by Martin Scorsese, during which...
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13 May

Giorgio Armani Addresses Hard Work, Independence While Receiving Honorary Doctorate

Giorgio Armani Addresses Hard Work, Independence While Receiving Honorary Doctorate
MILAN — Exertions will bring you places. Giorgio Armani definitely embodies this idea, still spearheading his namesake fashion group at age 88 as chairman, chief executive officer and inventive director, and he expressed it in his speech on Thursday, receiving an honorary doctorate in global business management from the Università Cattolica del Sacro Cuore within the storied Nineteenth-century city theater of Piacenza, Italy. The degree, said Armani onstage, has a worth that's “twice as special” since it rewards not only his creativity but his role as an entrepreneur, his “commitment and fervour that through the years allowed to rework a dream right into a solid group, a logo of Made in Italy.” He admitted it was also special since it was bestowed in...
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