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December 05, 2005

Armani Keeps In Control

Fashion stalwart Giorgio Armani appears nowhere near slowing down or withdrawing his hand from the business. The 71-year old recently shrugged off questions about whether he is seeking a financial partner, saying he is still very personally involved with the business.

Giorgio is the sole owner of the Armani brand, which posted retail sales of over €4 billion last year.

Armani is continuing its expansion into new markets, and just announced that it will be debuting its Armani Exchange collection in Dubai next year in an effort to tap into the young and rapidly growing market.

Posted by Blacks on December 5, 2005 01:41 PM

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