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April 12, 2006
Armani Reports Double-Digit Growth
Giorgio Armani rang in record sales and profits for the fourth quarter of last year, and the company appears to be keeping up the momentum.
Sales for the quarter ended Dec. 31 rose 10 percent to $1.8 billion, while profits shot up 18 percent, according the Italian fashion house.
Sales for the first quarter of this year also made significant gains, increasing by 8 percent.
Armani has been riding a wave of luxury lust recently, and was voted by consumers as one of the most coveted fashion brands.
Posted by Blacks on April 12, 2006 04:55 PM
