Giorgio Armani shows confidence in recovery from crisis
Earlier this week, Giorgio Armani attended a press conference as well as 2 fashion shows in the Russian capital. Giorgio Armani is the first major designer to visit Moscow since the debut of the international crisis. He expressed his confidence in the recovery of the Russian market. Mr John Hooks, VP of Armani also confirmed that the worst was over and the Italian brand has identified growth opportunities in the Russian market.
During the press conference, Mr Armani also denied rumours about his stepping down from the helm of the company. He also insisted his health has improved and he is now taking better care of himself.