The Armani Group announces its financial results for the year 2007, which confirm both the success of the company’s unique multi-brand and lifestyle strategy and the effectiveness of its management approach.
Wholesale revenues – showing an increase in all product categories – demonstrate the strength of the Group’s brands and the positive impact of its worldwide expansion strategy. At current exchange rates Watches and Jewellery increased by +20% (+31% at constant exchange rates), Eyewear +19% (+21% at constant exchange rates), Fragrances, cosmetics and skincare +13% (+16% at constant exchange rates), Apparel +12% (+16% at constant exchange rates).
Growth has been substantial throughout all geographic areas as well.
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