Consolidated revenues came to €2.186 billion (£1.74 billion), which is a rise on the €2.091 billion figure recorded in 2012. Profit reports Despite the effects of the financial crisis and ensuing recession, the Armani Group posted record results for 2013. This is in a bid to acquire a "consistent integration in the portfolio of brands of which the Armani Group is comprised". Mr Armani recently announced his intention to invest in this brand across the coming year, especially now as he owns 100 per cent of it. Armani Exchange Armani Exchange was launched in 1991 and this was an attempt to gain traction in the American mass market with low-priced, basic items. Boutiques exist all over the world and the label is the only secondary line that Giorgio Armani designs a large part of and commands a spotlight at Milan Fashion Week. This brand has attracted some high-profile names to be its faces, such as David and Victoria Beckham, Cristiano Ronaldo, Rafael Nadal, Megan Fox and Rihanna. A partnership with the film industry was established, not only for exposure but also as a catalyst for creativity. In terms of a marketing strategy for this sub label, Armani opted for innovative means that included television spots and huge street advertisements. In addition, Emporio Underwear, Swimwear and Accessories arrived on the scene in 1982. Emporio Armani Emporio Armani came about in the early 1980s after considerable success with the Giorgio line. In October, his first collection of men's ready-to-wear clothes for spring and summer the next year were showcased, as were a women's range. In 1975, he founded his namesake company with his friend Sergio Galeotti, after gaining considerable expertise in this field. After acquiring lots of practical experience in this role, Mr Armani designed clothing for Nino Cerruti and also worked as a freelancer in the mid-1960s. He got a job as a window dresser in a Milan department store and then became a seller for the menswear department. He was then transferred to an infirmary unit in Verona as a result of his medical knowledge, but decided to find an alternative calling. However, he joined the army after three years of studying this subject. Giorgio Armani was born in northern Italy on July 11th, 1934 and decided to pursue a career in medicine. This brand is a sub-label of Giorgio Armani, which is where the inspiration for these quality items began. Emporio Armani is known for its high-end products and accessories, such as watches.
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