40 years later and the prestigious luxury brand Giorgio Armani is still hitting record sales and making their 2014 year a profitable one as always.
The brand’s earnings for the 2014 year were $674.3 million, a 5.7 percent jump from their 2013 earnings of $633.3 million. This calculation was made before any interest, taxes, or depreciation.
That was not even the biggest jump for the Armani brand. The brand saw a 16 percent increase in revenue from $2.87 billion in 2013 to $3.36 billion in 2014.
According to WWD, the brand has to thank its Asia and Middle East markets, who brought in their most sales for them.
At 80 years old, brand founder and designer, Giorgio Armani, stands strong with his brand and fights against his critics. Not to long ago the designer faced harsh criticism on Twitter and the LGBT group on how he represents the gay man with his designs.
“A homosexual man is a man 100 percent. He does not need to dress homosexual,” he told The Sunday Times Magazine, a U.K.-based publication. “When homosexuality is exhibited to the extreme — to say, ‘Ah, you know I’m homosexual,’ — that has nothing to do with me. A man has to be a man.”
He goes on to say, “I use my creativity to help people live my style — a simple, elegant style. Fashion’s purpose is to make it easier and more elegant to live. Otherwise, what is it about? It’s just a game. Worth nothing.”
Now to celebrate the big 4-0, Armani is launching a new celebrity website, providing pictures and videos of celebrities and historic icons who have shaped the Armani brand. A new post will be posted every week for 40 weeks.
Take a look at the Armani.com/Atribute website and stay on the look out to see if the luxurious brand Giorgio Armani can bring in even more success for the year of 2015.
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