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Simint was rated the best perfoming stock at the Milan exchange, with an annual increase of 219% with respect to the stock price.
Biography Of Giorgio Armani Fashion Designer . Biographies of who's who designer collections in the fashion industry.
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The biggest export market for Armani is the United States, where Armani labels are sold at 12,000 points of sale.
Today, Armani intends to open up even more A/X-outlets, also introducing them to customers in Asia for the first time.
This movement is refelcted in the various attempts to offer a wide variety of products under the Armani-label.
The company licenses its name for perfume, watches, and accessories, but apparel still accounts for more than half of revenues.
Fashion Designer Giorgio Armani was born on July 11, 1934, in Piacenza, about 50 miles south of Milan, in the Emilia-Romagna region of Italy.
Most visibly, he opened up two huge flagship stores in New York City on Madision Avenue, one for the top line and one for Emporio Armani.
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For that purpose, Armani is expected either to shift the production of his main lines from GFT to Simint or Antinea or he might take over stock from GFT, who are expected to make such an offer in order to keep their most profitable client.
His sister Rosanna Armani teamed up with Armani as head of communication activities of the company (our picture shows Giorgio Armani with his sister).
In late 1996, Armani announced that from now on clothing under the Armani Jeans-label will heed to tight environmental standards, introducing a range of clothing items which will be made out of hamp.
In 1994, Armani tried to take over GFT with the help of American investors, presumably to help out Armani's sportswear affiliate, Simint, which had gotten into financial trouble at the time.
Giorgio Armani Biography and profiles of fashion designers
The Armani glasses are produced since 1988 by the Italian designer eye-wear specialist Luxottica and exclusively sold in eye-wear speciality stores and Armani boutiques.
While Simint produces the Armani Jeans line, the Armani Junior label and the Emporio Armani men's wear, the Emporio women's clothes are produced by the Antinea (sales in 1996: 150 billion Lira), a 100% Armani offspring.
In 1997, the first Armani Jeans store in Rome, Italy also included a Armani book shop, selling publications about various artistic subjects, like fashion and photography.
Garments accounted for about 850 billion Lira ($527 million), and accessories for about 420 billion Lira ($260 million).
Armani, whose relaxed designs for women are inspired by men's wear, also uses men's wear fabrics in his sophisticated, unstructured jackets and suits for women.
Armani began a free-lance design business in 1970 with the encouragement of his close friend Sergio Galeotti, and established his own men's wear label in 1974.
Armani owns Simint, the Italian holder of the Armani jeans license, and is moving the production of other lines in-house.
With this approach, Armani has established a new standard of understated elegance: easy-fit garments for women, precisely cut and beautifully tailored.
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The Armani-Group also includes the sportswear company Simint, which handles all of Armani's informal lines.
Such as the in 1996 introduced Armani Neve winter sportswear line, the Armani Golf sportswear line (both produced previously by Skinea and now by Simint), and the introduction of custom-made bridal gowns, as part of the Borgonuovo-21 line.
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