MILAN: Giorgio Armani SpA sees pre-pandemic level sales returning next year after the Italian fashion group lost about a quarter of its net revenue in 2020.
“The goal is to return to pre-pandemic levels by 2022, with over €4bil (US$4.71bil or RM19.91bil) in indirect revenues, including licenses, and over €2bil (US$2.35bil or RM9.93bil) in direct consolidated revenues,” Giorgio Armani, chairman and chief executive officer of the Armani Group, said in a statement.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!