Find in the news:
BY COUNTRY

Armani investments boosted by record sales



The Italian fashion group, Armani, has seen record sales of around €2.19bn during the 2013 fiscal year.
This has prompted the company to maintain investment to expand its chain. Its sales are up 4.5% on the previous year, although the previous year saw growth of 16%. Although the final figures were affected negatively by exchange rate fluctuation, growth was seen in every brand and market. If the exchange rate effect is ignored, the growth for 2013 would be at 8.3%. The China growth slowdown also had an effect.

The sales boost pushed the group to a €401million operational profit, which is up 18% to the previous year.  The company invested €100million into expansion and improvement projects the previous year, which it hopes to maintain this year.  Its aim is to open as many stores during this year as it did last year.

Investment Plans

Armani has bought an additional 50% of A/X Armani Exchange to compete with the likes of Zara and H&M.  A/X currently has around 270 global stores.

The brand is often criticized for its focus on the middle market, which could cause degradation of the image as a luxury brand, while Gucci and Louis Vuitton have moved towards wealthier customers.


More about shopping malls in Italy



Dec 12, 2018, Finland:
With the approach of the New Year holidays, we are launching a series of reviews on the most popular tourist destinations.
Dec 11, 2018, United Kingdom:
Amazon is preparing to open the first innovative Amazon Go store in London.
Dec 5, 2018, Japan:
The project is being developed in partnership with the Japanese video game manufacturer Bandai Namco Amusement.
Nov 29, 2018, Finland:
Among the tenants of Zsar Outlet Village are the stores of Hugo Boss, Lindt, Liu Jo, Guess, Roberto Cavalli, Braccialini and other brands.
Nov 27, 2018, France:
Located less than an hour from the center of Paris, Designer Outlet Normandie set to become a key attraction for international tourists.
Nov 21, 2018, Philippines:
The grand-scale store of the Swedish furniture giant released as tenant of Mall of Asia in Manila.
ICSC ECE

Friend
and Follow
Asheville Outlets GLA:325 000 SF
ADDRESS: 800 Brevard Road, Asheville, NC 28806
USA . Asheville
Asheville Outlets
Adigeo GLA:452 084 SF
ADDRESS: Verona city center
Italy . Verona
Adigeo
Mall of Qatar GLA:1 743 753 SF
Qatar . Doha
Mall of Qatar
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us