MILAN — Giorgio Armani is riding the luxury bounce.
Lifted by gains in China, net profits at Giorgio Armani SpA jumped 80 percent to 161 million euros, or $212.5 million, in fiscal 2010, compared with 88.8 million euros, or $123.4 million, in 2009. The company also attributed the performance to increased full-price sales in both its retail and wholesale channels, “extreme attention to costs” and gains in volumes and margins derived from licenses.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"