MILAN — Giorgio Armani SpA last year was not immune to the international financial crisis, which hurt the company’s bottom line despite a growth in sales.
In 2008, the company reported a 41.4 percent drop in net profit, which fell to 128.1 million euros, or $188.3 million, compared to 218.7 million euros, or $299.6 million the previous year. Consolidated revenues in 2008 rose 1.5 percent to 1.62 billion euros, or $2.38 billion.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)