Fashion designer Giorgio Armani is taking direct control of his sales business in Britain to improve efficiency in the retail sector, which has become a revenue-spinner for luxury makers amid economic turmoil.
Armani said in a statement he had agreed to take control of his UK wholesale and retail business from long-term retail partner Club 21 after 23 years of cooperation.
The 1.8-billion-euro Armani empire is among top luxury makers that have moved to manage their businesses internally, reducing costs in the long term and boosting profitability. For more about Fashion News Visit Here.....
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