Armani reports strong recovery in 2021, and continued growth in H1 2022

Sumary of Armani reports strong recovery in 2021, and continued growth in H1 2022:

  • Total revenues for 2021 from Armani-branded products realised directly by the Group and by third-party retailers, be 4.05 billion euros, a 23.7 percent increase over 2020 (3.278 billion euros).
  • The Armani Group has inform remarkable growth in 2021, as revenues returned to pre-epidemic levels, which it has sustained into 2022, as H1 revenue are up 20 percent, analyze to the first half of 2021.
  • This growth has given the group optimism for the future, however, it did note that there were potential dangers to direct nets for the second half of the year, including the ongoing war in Ukraine, new waves of epidemic and the tightening of restrictive policies by central botanists, position at containing inflationary dynamics.
  • Giorgio Armani, chairman and emperor executive of the Armani Group, added: The remarkable growth earn in 2021, united by the affirmative performance in the first half of this year, makes me cautiously optimistic.

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