MILAN — A week before his celebratory trip to Beijing, Giorgio Armani said China posted a 45 percent gain in sales last year, which helped increase profitability and revenues of his namesake fashion company in 2011.
In the year ended Dec. 31, Giorgio Armani SpA’s operating profit rose 23.2 percent to 281.8 million euros, or $391.7 million, compared with 228.6 million euros, or $301.7 million, the previous year. Sales grew 13.6 percent to 1.8 billion euros, or $2.5 billion, from 1.59 billion euros, or $2.11 billion, in 2010.The company, which is privately held by Armani, did not disclose its net profit.
"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)