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As of 2009, Armani had a retail network of 60 Giorgio Armani boutiques, 11 Collezioni, 122 Emporio Armani, 94 A/X Armani Exchange, 1 Giorgio Armani Accessori, and 13 Armani Junior stores spread over 37 countries. As of 2017, he had an annual turnover of $1.6 billion and a personal fortune of $8.1 billion. [9]
Established in 1979, [43] Armani Collezioni (known as Giorgio Armani Le Collezioni for women and Mani for men before 2000) [44] was the diffusion line of Giorgio Armani that retailed at a lower price than Giorgio Armani and the haute couture line, Armani Privé. The logo was usually displayed in black and written on a white label but often varies.
A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy . [ 2 ]
It became the first clothing store in the U.S. to stock the full line of Giorgio Armani, after signing an agreement in 1976. Barneys is widely credited to have introduced Giorgio Armani to the American market. [8] Women's clothing was introduced in 1976 on the third floor of the International House.
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Introduced the famed SX series of rear-entry boots in 1979, and was a major success through the 1980s. When the rear-entry design rapidly fell from favour around 1990, they purchased the San Giorgio factory and turned to traditional front-entry designs. Salomon remains a major boot producer today. Scarpa: Italy: 1938
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