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Del Vecchio quickly acquired numerous businesses in the pursuit of vertical integration, buying distribution companies rapidly and signing its first designer licensing agreement with Giorgio Armani. In 1990, the company listed American depositary receipts on the New York Stock Exchange where it traded until 2017.
A|X Armani Exchange was launched in 1991 in the U.S. It retails fashion and lifestyle products and is known for its occasionally provocative ad campaigns. Inspired by street-chic culture and dance music, it is targeted as the more accessible Armani brand. A|X Armani Exchange products are available exclusively in 270 stores in 31 countries and ...
Zodiac Watches was a Swiss brand that had been operating since 1882 when Fossil acquired it from Genender International in 2001 for $4.7 million. [7] Fossil's desire to establish a Swiss presence led to the purchase of the Zodiac Watch brand and a complete retooling of that line to reflect a retro modern 1970s style in a higher end watch.
Armani’s European fashion counterpart Bernard Arnault, 74, extended his tenure as CEO of LVMH last year and looks set to continue until he is 80. Waiting in the wings, though, are five of ...
Armani is credited with pioneering red-carpet fashion. [11] Armani was the first designer to ban models with a body mass index (BMI) under 18, after model Ana Carolina Reston starved herself to death due to anorexia nervosa. [12] Armani broadcast his collection live on the Internet, the first in the world of haute couture, on 24 January 2007.
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