Giorgio Armani Financial Results 2007

PR Web:

The Armani Group announces its financial results for the year 2007, which confirm both the success of the company’s unique multi-brand and lifestyle strategy and the effectiveness of its management approach.

Wholesale revenues – showing an increase in all product categories – demonstrate the strength of the Group’s brands and the positive impact of its worldwide expansion strategy. At current exchange rates Watches and Jewellery increased by +20% (+31% at constant exchange rates), Eyewear +19% (+21% at constant exchange rates), Fragrances, cosmetics and skincare +13% (+16% at constant exchange rates), Apparel +12% (+16% at constant exchange rates).

Growth has been substantial throughout all geographic areas as well.