{"id":87844,"date":"2022-07-20T10:10:01","date_gmt":"2022-07-20T08:10:01","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=87844"},"modified":"2022-07-20T10:24:55","modified_gmt":"2022-07-20T08:24:55","slug":"armani-sales-increase-in-the-first-half-for-the-italian-group","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/armani-sales-increase-in-the-first-half-for-the-italian-group\/","title":{"rendered":"Armani: Sales increase in the first half for the Italian group"},"content":{"rendered":"<h4>Armani reported a 20% increase in sales at constant exchange rates in the first half.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>After swinging to an operating profit in 2021, Italian luxury house <strong>Armani<\/strong>, is seeing revenues return above pre-pandemic levels in the second half of the year.<\/p>\n<p>&nbsp;<\/p>\n<p>The group&#8217;s revenues &#8220;<em>now consistently exceed the levels achieved in 2019, paving the way for a substantial improvement in operating profitability &#8211; subject to certain potential risks,<\/em>&#8221; the brand said in a note citing a possible economic downturn caused by the war in Ukraine, new waves of covid-19 and restrictive monetary policies to combat inflation.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Armani says last year&#8217;s consolidated net sales were 2.02 billion euros, up 26.3% from 2020.<\/strong> Sales from directly operated stores, which account for more than half of the total, were up 37% from 2020.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>The group posted earnings before interest and taxes (EBIT) of \u20ac171.2 million<\/strong>, compared to an operating loss of \u20ac29.5 million in 2020. &#8220;<em>The remarkable growth achieved in 2021, consolidated by the positive performance of the first half of this year, makes me cautiously optimistic<\/em>,&#8221; rejoices <strong>Giorgio Armani<\/strong>, chairman and CEO of the group.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt;\u00a0<a href=\"https:\/\/luxus-plus.com\/en\/a-short-history-of-luxury-the-meteoric-rise-of-giorgio-armani-in-5-key-dates\/\">[LUXUS+ MAGAZINE] A SHORT HISTORY OF LUXURY: THE METEORIC RISE OF GIORGIO ARMANI IN 5 KEY DATES<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9 Giorgio Armani<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armani reported a 20% increase in sales at constant exchange rates in the first half.<\/p>\n","protected":false},"author":380,"featured_media":87846,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"Armani reported a 20% increase in sales at constant exchange rates in the first half.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"sales,revenues,H1,armani,giorgio armani,italian brand,first half,ebit","footnotes":""},"categories":[24],"tags":[22397],"class_list":["post-87844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-news-fr"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/87844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/380"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=87844"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/87844\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/87846"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=87844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=87844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=87844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}