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October 05, 2005
Armani Profits from Fall Line
Giorgio Armani reported a 10% profit jump on wholesale sales for the first half of this year, due in part to strong demand in China.
The Milan-based fashion house reported earnings of around 97 million euros for the six months ending June 30.
Armani said that its Spring-Summer ’06 orders were also up, boding well for the quarters ahead. In addition to its iconic clothing line, the company has branched into accessories and home furnishing, and last January launched its Privé couture collection to rave reviews.
Posted by Blacks on October 5, 2005 04:12 PM
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