Giorgio Armani Group'S Revenue Growth Slowed To 4.5% In 2015.

It is understood that

Giorgio Armani SpA, Giorgio Armani group, failed to be immune to the luxury sector in 2015. Because of the slowdown in China's economic slowdown and exchange rate fluctuations and the impact of terrorism on tourism, the annual revenue growth has slowed sharply, and earnings growth has almost stagnated.

In 2015, the revenue of Giorgio Armani SpA Giorgio Armani group was 2 billion 650 million euros, which was the second largest luxury group in Italy after Prada SpA (1913.HK) Prada, but its revenue growth rate dropped from 16% in 2014 to 4.5%.

The core profit of EBITDA 5.13 billion was only 1.2% higher than that of 507 million euro in 2014, or less than 5.7% in the previous year, and the EBITDA profit margin dropped 60 basis points to 19.4%.

The group points out that all the brands and all regional markets in the past year have recorded organic growth (excluding exchange rate effects and mergers and acquisitions), and Giorgio Armani, founder, boss and chairman of Giorgio Armani, said the performance was excellent last year.

In January of this year, Emporio Armani

It was revealed to reporters last year that only the United States, Japan and the Middle East achieved growth, while Europe was basically flat in 2014, while the Greater China region shrank.

As of December 31, 2015, holding 640 million euros (an increase of 28%) in cash flow, the group plans to increase investment in brand this year on the basis of last year's capital expenditure of 117 million 500 thousand euros, so as to further consolidate the market position under fierce competition.

At the end of 2015, Giorgio Armani SpA Giorgio Armani group had 2983 sales outlets in over 60 countries and regions, including Giorgio Armani 165, Emporio Armani 338, Armani Collezioni 754, A|X Armani Collezioni Inter, 880, 880, 198, and 429, with only 429 outlets.

The group also has a high-end custom brand Giorgio Armani Priv e.

Wholesale revenue, which includes annual empowerment, totaled 4 billion euros, an increase of 8.1% over 2014.

Because it has reached a fairly large scale, and Giorgio Armani, Mr. Giorgio Armani has been in over eight years, and has remained independent of the Giorgio Armani SpA Giorgio Armani group's future inheritance and IPO possibilities over the past 40 years.

Two years ago, I talked about the future of the group.

Giorgio Armani has said it will set up a foundation to provide financial protections and strategies for future generations of the family, but in 2015, he changed his mind that he might be listed in the future, but he would still bite the big group.

In the past few years, the Giorgio Armani SpA Giorgio Armani group has been at the forefront of Italy's most popular list of fashion groups, which is jointly released by Pambianco Strategie di Impresa and Milan stock exchange in the past few years.