Armani Group reports 4,5 percent growth in revenues for 2013

Armani Group reports consolidated revenues in 2013 reached 2.186 billion euro an increase of 4.5% compared to 2012 , while the operating margin (EBIT) amounted to 401 million euros , an increase of 18.2% on the previous year, bringing the percentage of net sales to 18.4% . Net profits at 31 December 2013 amounted to 700 million euros.

The group also confirmed the acquisition of the remaining 50 % of the A|X Armani Exchange label. Giorgio Armani, President of the Group, said: “The success of a brand lies in its ability to combine creativity and sales. The strong profitability and liquidity we have available also allow us to accelerate our investments for future development.”

Armani Exchange Spring Summer 2014 ad campaign