MILAN — Meet Giorgio Armani, fast-fashion retailer.
On Thursday, Armani unveiled ambitious plans to turn his A|X Armani Exchange brand into “the first global Italian fast-fashion brand targeting a young customer whose DNA is strongly Armani.” The designer unveiled the strategy as he revealed he has acquired the remaining 50 percent of A|X that he did not already own and while reporting that the Giorgio Armani Group had an 18.2 percent increase in operating profits last year.
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)