Giorgio Armani exceeds sales target

The net profit of the Italian brand Giorgio Armani reached 2.02 billion euros, an increase of 26.3% compared to 2020,  WWD reported.

However, the figure for 2021 is 6.3% less than in 2019. At that time, the profit was €2.16 billion.

Last year, the brand set a goal to return to pre-pandemic levels of trade by 2022, generating more than €4 billion in revenue and more than €2 billion in net revenue. Giorgio Armani has already met the second condition.