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{{globalcorpwikiGlobalCorpWiki}} {{Infobox Company| company_name = Giorgio Armani S.p.A.| company_logo =| company_type = private| genre = Textiles & apparel| foundation = 1975| founder = [[Giorgio Armani]] and [[Sergio Galeotti]]| dissolved =| location = Italy| locations =| area_served =| key_people = [[Giorgio Armani]] (CEO)| industry =| products =| services =| revenue = USD 6,400,000,000 (2005) <ref> NY Times, Sept. 17, 2006. ''What Makes Giorgio Run?'' </ref>| operating_income =| company_slogan =| net_income = USD 172,200,000 (2004) [http://www.hoovers.com/armani/--ID__54529,period__A--/freeuk-co-fin-income.xhtml?ID=54529&period=A&which=income¤cy=1]| assets =| num_employees = 4,600 [http://www.fashionbrandsguide.com/2006/04/22/emporio-armani/armani-company-overview/]| parent =| equity =| owner =| divisions =| subsid =| homepage = http://www.giorgioarmani.com| footnotes =}}
"Giorgio Armani is known for the sleek, unstructured look of its men's and women's suits. The firm licenses its name for perfume, watches, and accessories, but apparel still accounts for more than half of sales. Armani's retail empire spans more than 35 countries and includes nearly 300 stores. Armani owns [[Simint]], the Italian holder of the
Armani jeans license, and has been moving the production of other lines in-house. Armani has plans to develop a series of luxury hotels and resorts. Despite persistent flotation flirtations, the designer maintains ownership of his company." [http://biz.yahoo.com/ic/54/54529.html Yahoo Finance Profile]
==Basic InformationCompany History==Giorgio Armani and [[Sergio Galeotti]] started the company in 1975 and made a deal to design for Italian clothing manufacturer [[Gruppo Finanziario Tessile]] (GFT). Armani's groundbreaking designs were showcased in advertising on the back page of L'Uomo Vogue, which led to a large order from [[Barneys New York]] in 1976. Armani designed [[Richard Gere]]'s wardrobe in American Gigolo, which helped the brand reach mainstream fashion. After Galeotti died in 1985, Armani struggled to run the business. [http://www.nytimes.com/2006/09/17/style/tmagazine/t17giorgio.html?scp=4&sq=giorgio+armani+business&st=HQ Contact information===nyt]Via Borgonuovo 11 </br>20121 Milan </br>Italy </br>TelIn the early 80s Giorgio Armani S.p.A. established an important licence agreement with L’Oreal (formerly H.Rubinstein) for fragrances and also launched the Emporio Armani and Armani Jeans collections. The company also began to strengthen its commercial and marketing divisions, while building the values of its brands and the philosophy of management, which continue to be fundamental to the success of the business today. In the second half of the 80s, Giorgio Armani S.p.A. continued its overseas expansion by opening Giorgio Armani Japan in 1987 through a joint venture with Japanese Itochu Corporation and the Seibu Department Store, followed by the signing of a licensing agreement for eyewear with Luxottica Group Spa in 1988. In 2000, Giorgio Armani’s, 25th anniversary year, the company acquired the production and distribution facilities of the Armani Collezioni and Mani men’s lines from GFT. In 2001, continuing with the Group’s strategy to take greater control over all aspects of its manufacturing, distribution and retail activities and to further focus on the ‘Made in Italy’ content of its brands, a joint venture company with Vestimenta SpA (one of the Armani Group’s licensees since 1979) was formed for the production and distribution of the men’s and women’s Giorgio Armani top line.: +39In 2002, the Group’s retail investment programme continued at a fast pace with 16 store renovations and 30 new store openings in strategically important cities worldwide, including the second Armani multi-02-723-18-1 </br>Fax: +39-02-723-18-450 </br>Web sitebrand store covering 3,000 square meters at Chater House in Hong Kong, which also signalled the launch of a strategic retail expansion programme for China. On the manufacturing front, two important acquisitions were completed: Deanna S.p.A. for the production of high quality knitwear and I Guardi, which controlled four specialist shoe makers, to support the further growth of the Group’s shoe business. [http://www.giorgioarmanifashionbrandsguide.com/2006/04/22/emporio-armani/armani-company-overview/]===Historical Financial Information======Business Strategy===
===Country of incorporation===Italy===Ownership status===Private===Primary industry sector=Political and Public Influence==Textile-ApparelParagraph information===Primary industry rankingPolitical Contributions===
===Number of employees worldwideLobbying===4,600 [http://www.fashionbrandsguide.com/2006/04/22/emporio-armani/armani-company-overview/]
===Chief executive officer=Corporate Accountability==[[Giorgio Armani]]Paragraph===Financial informationLabor=======Ticker symbol====* 2005: "A former Armani manager has been awarded £18,000 after a tribunal ruled he was forced out of his job for being HIV positive. Massimo Pasquarelli ran the Emporio Armani restaurant [part of Giorgio Armani] in London. In April 2005 staff were told they would be made redundant when the store closed for refurbishment. Shortly after this Pasquarelli, who was diagnosed with HIV in 1993, revealed his condition to bosses. His employers found alternative work for all his colleagues but not for Pasquarelli. Following this he brought an Employment Tribunal claim against Orthet, which retails and distributes Armani group products in the UK."[http://www.business-humanrights.org/Categories/Individualcompanies/G/GiorgioArmani]N* 2006: Armani supplier [[Fibres and Fabrics International]] and its 100% subsidiary [[Jeans Knit Pvt Ltd]] (FFI/A====Main exchanges====NJKPL) file suit against the [[Clean Clothes Campaign]] and the [[India Committee of the Netherlands]], accusing them of cyber crime, acts of racist and xenophobic nature and criminal defamation. The [[Maquila Solidarity Network]] and other groups initiated a letter writing campaign, targeting Armani, [[G-Star]], [[Mexx]], [[Gap, Inc.]] to protest the companies' suit. Interviews with FFI/JKPL workers had previously revealed a range of labor abuses, including excessive workload, forced overtime, physical and psychological abuse, non-payment of overtime, and the failure to issue identity cards and employment contracts. These claims were backed up by a fact-finding mission carried out by seven human and women’s rights organizations that completed a report in August 2006. [http://en.maquilasolidarity.org/en/node/645] CCC and ICN staff were cleared of charges in January 2008.[http://en.maquilasolidarity.org/A====Investor website====]
===Environment =Books on company====Molho, Renata. 2006 ''Essere Armani: una biografia'' Milan: Baldini Castoldi Dalai. </br>Armani, Giorgio, Harold Koda, Germano Celant, Susan Cross, Kareole Vail (eds.). 2003. ''Giorgio Armani'' Guggenheim Museum.
===Business strategyConsumer Protection and Product Safety===
===Anti-Trust and Tax Practices===
===Social Responsibility Initiatives===* Emporio Armani brand participates in (PRODUCT)RED, a consumer-based income-generating intiative to raise money for the [[Global Fund to Fight AIDS, Tuberculosis and Malaria]]. Other participants include [[Gap Inc.]], [[Hallmark]], [[Apple]], [[Motorola]], [[American Express]] and [[Converse]] (owned by [[Nike]]) [http://www.theglobalfund.org/en/media_center/press/pr_071129.asp]==Business scope=Scope==
====Lines of business====
* clothing
====Creditors====
<table border="1"><tr><th>Customers</th><th>Suppliers</th><th>Creditors</th><th>Competitors</th></tr><tr><td>Customer 1</td><td>Supplier 1</td><td>Creditor 1</td><td>Competitor 1</td></tr><tr><td>Customer 2</td><td>Supplier 2</td><td>Creditor 2</td><td>Competitor 2</td></tr><tr><td>Customer 3</td><td>Supplier 3</td><td>Creditor 3</td><td>Competitor 3</td></tr><tr><td>Customer 4</td><td>Supplier 4</td><td>Creditor 4</td><td>Competitor 4</td></tr></table> ==Geographic scope=Financial Information (as of DATE)===Ticker Symbol: <br>Main Exchanges:<br>Investor Website:<br> ====List of largest shareholders====Giorgio Armani is the sole shareholder of the company. <table border="1"><tr><th>Shareholder</th><th>% Total Shares held</th></tr><tr><td>Shareholder 1</td><td>% Held 1</td></tr><tr><td>Shareholder 2</td><td>% Held 2</td></tr><tr><td>Shareholder 3</td><td>% Held 3</td></tr><tr><td>Shareholder 4</td><td>% Held 4</td></tr></table><b>Largest Shareholders</b>
====Countries of operation====
Subsidiaries in Italy, United States, United Kingdom, France, Sweden, Germany, Australia, Japan, Hong Kong. <ref> Giorgio Armani S.p.A. 2005 Annual Report, [http://www.armanipress.com/index.jsp?language=en&site=PR&movieSession=../press.swf&audio=acceso download] </ref>
<table border====Breakdown of profits===="1"><tr><th>Country</th><th>Revenue</th><th>Profits</th><th>Assets</th><th>Employees</th></tr><tr><td>Country 1</td><td>Revenue 1</td><td>Profit 1</td><td>Assets 1</td><td>Employees 1</td></tr><tr><td>Country 2</td><td>Revenue 2</td><td>Profit 2</td><td>Assets 2</td><td>Employees 2</td></tr><tr><td>Country 3</td><td>Revenue 3</td><td>Profit 3</td><td>Assets 3</td><td>Employees 3</td></tr><tr><td>Country 4</td><td>Revenue 4</td><td>Profit 4</td><td>Assets 4</td><td>Employees 4</td></tr></table>
====Executives====
* [[Giorgio Armani]], chairman, president,and CEO
* [[Pantaleo Dell'Orco]]
* [[Giovanni Gerbotto]]
===Labor=Contact Information======Domestic====Via Borgonuovo 11 </br>20121 Milan </br>Italy </br>Tel.: +39-02-723-18-1 </br>Fax: +39-02-723-18-450 </br>Web site: http://www.giorgioarmani.com
==Articles and Resources==
===Books on the Company===
Molho, Renata. 2006 ''Essere Armani: una biografia'' Milan: Baldini Castoldi Dalai. </br>
Armani, Giorgio, Harold Koda, Germano Celant, Susan Cross, Kareole Vail (eds.). 2003. ''Giorgio Armani'' Guggenheim Museum.
===Sources===
<references/>
===External articlesResources=== ===External Articles===
[[Category: Corporations]]
[[Category: Apparel]]