MILAN — Giorgio Armani keeps building his fortune — and that of the company he founded 33 years ago.
Giorgio Armani SpA on Wednesday released its annual report, which revealed net profits rose 66.2 percent last year to 218.7 million euros, or $299.6 million, compared with 131.7 million euros, or $164.6 million, the previous year. Dollar figures were converted from the euro at average exchange rates for the period to which they refer.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)