MILAN — Giorgio Armani is assured within the resilience of his namesake firm, which is exhibiting a enterprise restoration within the first six months of 2021, following a 2020 that was impacted by the COVID-19 pandemic.
Particularly, the U.S., China, and most not too long ago Europe, are serving to to spice up the efficiency of the Italian style group, contributing to a 34 p.c achieve in gross sales within the first half of 2021. At fixed alternate charges, gross sales grew 38 p.c.
Revenues within the straight operated retail channels, excluding wholesale and licenses, grew 59 p.c within the first half of 2021 in comparison with the identical interval in 2020.
“The restoration of the primary months of 2021, with outcomes already near 2019 regardless of the pandemic not but resolved, along with the resilience proven by the Armani Group in going through essentially the most tough second of the pandemic interval in 2020, makes me notably optimistic and decided to proceed my medium-long time period strategic path, characterised, as at all times, by an awesome consideration to high quality whereas remaining trustworthy to my aesthetic philosophy,” mentioned the designer, who can also be chairman and chief govt officer