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Armani Returns to Profitability, Trading Above Pre-Pandemic Levels

Armani Returns to Profitability, Trading Above Pre-Pandemic Levels

Armani Group reported that revenues rose 26 percent to €2.02 billion last year, approaching pre-pandemic levels and meeting a €2 billion target for the brand’s rebound a year earlier than its owner and chief executive officer, Giorgio Armani, had previously forecast.

Operating profit swung to €171 million following an operating loss of €29.5 million the previous year, when the initial outbreak of Covid-19 and ensuing store closures…


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Japan’s Leader Tries to Honor Abe’s Legacy, While Building His Own

Japan’s Leader Tries to Honor Abe’s Legacy, While Building His Own

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Hormone replacement therapy doesn’t lead to breast cancer reoccurrence