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Established in 1979, [43] Armani Collezioni (known as Giorgio Armani Le Collezioni for women and Mani for men before 2000) [44] was the diffusion line of Giorgio Armani that retailed at a lower price than Giorgio Armani and the haute couture line, Armani Privé. The logo was usually displayed in black and written on a white label but often varies.
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Fossil also makes licensed accessories for brands such as BMW, Puma, Emporio Armani, Michael Kors, DKNY, Diesel, Kate Spade New York, Tory Burch, Chaps, and Armani Exchange. [4] Kosta Kartsotis, brother of Tom Kartsotis and CEO, owns approximately 12.5% of Fossil stock. The company name is the nickname the brothers gave their father. [5]
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.
The first of many licensing deals with a designer was struck with Giorgio Armani in 1988. [19] The company listed in New York in 1990, [20] and in Milan in December 2000, [21] joining the MIB-30 (now FTSE MIB) index in September 2003. [22]
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NYSE: WRC: Industry: Textiles, clothing and luxury goods: Founded: 501 Seventh Avenue New York City, New York, United States. [1](1874) [2] Founder: Ira De Ver Warner, Lucien C. Warner
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