Giorgio Armani (Italian pronunciation: [ˈdʒordʒo arˈmaːni]; born 11 July 1934) is an Italian fashion designer, particularly noted for his menswear. He is known today for his clean, tailored lines. He formed his company, Armani, in 1975, and by 2001 was acclaimed as the most successful designer that Italy has produced,[1] with an annual turnover of $1.6 billion and a personal fortune of $8.5 billion as of 2013.[2] He is credited with pioneering red-carpet fashion.[3]
Giorgio Armani S.p.A. (pronounced [ˈdʒɔrdʒo arˈmaːni]) is an Italian fashion house founded by Giorgio Armani which designs, manufactures, distributes and retails haute couture, ready-to-wear, leather goods, shoes, watches, jewelry, accessories, eyewear, cosmetics and home interiors. The brand markets these products under several labels, from the most expensive to the most accessible.:[1] Armani Prive, Giorgio Armani, Emporio Armani, Armani Collezioni, AJ | Armani Jeans, AX | Armani Exchange. The brand utilizes the association of the Armani name with high-fashion, benefiting from its prestige in the fashion industry. By the end of 2005, estimated sales of the company were around $1.69 billion. Armani is the fastest growing fashion brand.[2]
Giorgio Armani is planning, in collaboration with Emaar Properties, a chain of luxury hotels and resorts in several big cities including Milan,[3] Paris, New York, London, Hong Kong, Los Angeles, Tokyo, Shanghai, Seoul, Dubai.[citation needed] The company already operates a range of cafés worldwide, in addition to a bar and nightclub.