Armani'S Revenue Slowed Sharply Last Year, And Earnings Growth Was Almost Stagnant.

Group Giorgio Armani SpA, George.

Last year, it failed to be immunized in the luxury sector because of the slowdown in China's economic growth and exchange rate fluctuations, and the impact of terrorism on tourism and overall growth.

In 2015, the revenue of Giorgio Armani SpA Giorgio Armani group was 2 billion 650 million euros, which was the second largest luxury group in Italy after Prada SpA (1913.HK) Prada. (Note: it does not include French luxury group kering SA, Kai Yun group's Italy.

Gucci), but its revenue growth dropped from 16% in 2014 to 4.5%.

The core profit of EBITDA 5.13 billion was only 1.2% higher than that of 507 million euro in 2014, or less than 5.7% in the previous year, and the EBITDA profit margin dropped 60 basis points to 19.4%.

The group points out that all the brands and all regional markets in the past year have recorded organic growth (excluding exchange rate effects and mergers and acquisitions). Giorgio Armani, founder, boss and chairman of Giorgio Armani, said that last year's performance was "excellent".

He told reporters in January Emporio Armani 2016 autumn and winter Milan men's Fashion Week show that only last year the United States, Japan and the Middle East achieved growth, while Europe was basically flat in 2014, while the Greater China region was shrinking.

As of December 31, 2015, the Giorgio Armani SpA, Giorgio Armani group, holding 640 million euros (28% year-on-year increase) in cash flow, plans to increase investment in the brand this year on the basis of last year's capital expenditure of 117 million 500 thousand euros, so as to further consolidate its market position under fierce competition.

By the end of 2015, Giorgio Armani SpA Giorgio Armani group has 2983 sales outlets in over 60 countries and regions, including Giorgio Armani 165, Emporio Armani 338, Armani Collezioni 754, A|X Armani Collezioni Inter, 880, 880, 198, and 198, with only 429 outlets.

The group also has a high-end custom brand Giorgio Armani Priv e.

The wholesale revenue of Giorgio Armani SpA Giorgio Armani group, which includes all kinds of authorization, totaled 4 billion euros, an increase of 8.1% over 2014.

Because it has reached a fairly large scale, and Giorgio Armani, Mr. Giorgio Armani has been in over eight years, and has remained independent of the Giorgio Armani SpA Giorgio Armani group's future inheritance and IPO possibilities over the past 40 years.

Two years ago, when we talked about the future of the group, Giorgio Armani Armani said that it would set up a foundation to provide financial protection and strategic advice for future generations of the family. But in 2015, he changed his mind that he might be listed in the future, but he would not bite the big group.

In the past few years, the Giorgio Armani SpA Giorgio Armani group has been at the top of the list of Italy's most popular fashion groups jointly released by Italy luxury and fashion consulting firm Pambianco Strategie di Impresa and Milan stock exchange.