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Giorgio Armani: annual turnover 2011-2017

Turnover of the Italian luxury fashion company Giorgio Armani from 2011 to 2017 (in million euros)

by Statista Research Department, last edited Jun 20, 2019
Giorgio Armani: annual turnover 2011-2017 The turnover of the Italian luxury fashion company Giorgio Armani S.p.A. amounted to 1.5 billion euros in 2018. This figure represents a decrease compared to the peak reached by the company in 2015, when the turnover reported amounted to 1.7 billion euros. The reduction in turnover coincided with lower profits for the company during the same period. In 2015, Giorgio Armani S.p.A. registered a net profit of 236.6 million euros, while the figure dropped to 191 million euros in 2017.
A global brand

Giorgio Armani S.p.A. is an Italian luxury fashion house founded by Giorgio Armani in 1975. The company designs, manufactures and retails high-end, ready-to-wear, leather goods, shoes, jewelry, accessories, cosmetics and home interiors. Throughout the years, the company has grown to become one of the most well-known brands globally. In 2016, it ranked second among the most valuable fashion brands in Italy. Moreover, the brand seems to be very popular also on social media: Armani boasted almost ten million followers on Instagram, ranking sixth among the most followed Italian fashion brands.

The man behind the brand

Giorgio Armani is considered to be a living legend in the fashion world. His talent, along with his entrepreneurial spirit, allowed him to rise among the most influential persons in the business. His long career as a designer started in the 1960s and surged after he designed Richard Gere's wardrobe for the 1980 blockbuster film American Gigolo. Together with fame and recognition came also money: he ranks among the five wealthiest individuals in Italy, with a fortune valued at 8.5 billion US dollars.
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Turnover of the Italian luxury fashion company Giorgio Armani from 2011 to 2017 (in million euros)

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by Statista Research Department, last edited Jun 20, 2019
The turnover of the Italian luxury fashion company Giorgio Armani S.p.A. amounted to 1.5 billion euros in 2018. This figure represents a decrease compared to the peak reached by the company in 2015, when the turnover reported amounted to 1.7 billion euros. The reduction in turnover coincided with lower profits for the company during the same period. In 2015, Giorgio Armani S.p.A. registered a net profit of 236.6 million euros, while the figure dropped to 191 million euros in 2017.
A global brand

Giorgio Armani S.p.A. is an Italian luxury fashion house founded by Giorgio Armani in 1975. The company designs, manufactures and retails high-end, ready-to-wear, leather goods, shoes, jewelry, accessories, cosmetics and home interiors. Throughout the years, the company has grown to become one of the most well-known brands globally. In 2016, it ranked second among the most valuable fashion brands in Italy. Moreover, the brand seems to be very popular also on social media: Armani boasted almost ten million followers on Instagram, ranking sixth among the most followed Italian fashion brands.

The man behind the brand

Giorgio Armani is considered to be a living legend in the fashion world. His talent, along with his entrepreneurial spirit, allowed him to rise among the most influential persons in the business. His long career as a designer started in the 1960s and surged after he designed Richard Gere's wardrobe for the 1980 blockbuster film American Gigolo. Together with fame and recognition came also money: he ranks among the five wealthiest individuals in Italy, with a fortune valued at 8.5 billion US dollars.
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