Giorgio Armani S.P.A. is an Italian fashion company. The company designs and manufactures products in several categories including fashion accessories, apparel, cosmetics, fragrances, home interiors, jewellery, eyewear and watches under several labels including Giorgio Armani, Armani Collezioni, Emporio Armani, Armani Jeans, Armani Junior, Armani Exchange, and Armani Casa. End of year sales for 2005 were $1.69 billion.
Armani is also planning together with Emaar Properties to launch a chain of luxury hotels and resorts in several big cities including Milan, Paris, New York, London, Tokyo, Shanghai and Dubai. The company already operates a range of cafes worldwide, in addition to a bar, restaurant and nightclub. Giorgio Armani and Sergio Galeotti founded the company in Milan in 1975 with capital of $10,000.
Armani today employs about 4,700 employees and has 13 factories around the world. It has nearly 300 stores in 36 countries. Recently, the house has begun an haute couture operation, showing in Paris during the Haute Couture fashion week, under the name of Armani Privé.
Unlike much of the fashion industry, which is held by massive multi-nationals like LVMH and relies heavily on licensing, Armani is held privately by Giorgio Armani and produces the vast majority of its products in-house.