Italian luxury fashion house Armani noticed 4.5 per cent more growth in the year 2015 compared with the previous year.
While its sales revenue totalled Euros 2,650 million in the 2015 fiscal year, gross operating profit (EBITDA) increased by 1.18 per cent, reaching Euros 513 million. Wholesale revenues, including licenses, reached Euros 4,000 million.
Giorgio Armani, President – Armani Group said that the financial results are excellent. “These results are the fruit of a policy of diversifying lines of the group, along with coordination of distribution channels and strengthen links with our partners,” he explained.
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Founded 1975, Armani designs, manufactures, distributes and retails haute couture, ready-to-wear, leather goods, shoes, accessories, home interiors, etc. and markets these products under several labels: Giorgio Armani Privé, Giorgio Armani, Emporio Armani, EA7, Armani Collezioni, Armani Jeans, Armani Junior, and Armani Exchange.
