Related News
More Armani
September 23, 2012, Sunday
|
Print Edition
Print Edition
GIORGIO Armani is to broaden his line of bags and shoes to meet the growing demand for easy-to-wear and timeless fashion items and boost the Italian designer's profit margins.
The unlisted Armani empire reported a 13.6 percent rise in revenues last year, helped by a 45 percent boost in China, the fastest-growing luxury market.
Sales of accessories are the fastest-growing sector in the luxury goods industry because they offer design pieces that fit wardrobes easily and can be worn for more than a season.
Accessories also drive profit margins because customer prices largely offset production costs.
"The only stores opening on the streets now sell accessories," Armani told reporters Thursday after presenting his Emporio Armani young line collection for next summer.
Armani said he expected accessories sales to account for up to 40 percent of global turnover in the near-term.
The unlisted Armani empire reported a 13.6 percent rise in revenues last year, helped by a 45 percent boost in China, the fastest-growing luxury market.
Sales of accessories are the fastest-growing sector in the luxury goods industry because they offer design pieces that fit wardrobes easily and can be worn for more than a season.
Accessories also drive profit margins because customer prices largely offset production costs.
"The only stores opening on the streets now sell accessories," Armani told reporters Thursday after presenting his Emporio Armani young line collection for next summer.
Armani said he expected accessories sales to account for up to 40 percent of global turnover in the near-term.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
