Armani Exchange: Giorgio Armani S.p.A. is an Italian luxury fashion house founded by Giorgio Armani in 1975. The company designs, manufactures, distributes and retails haute couture, ready-to-wear, leather goods, footwear, eyewear, cosmetics, fragrances, home furnishings and other luxury goods. As of 2023, Giorgio Armani S.p.A. is the 15th most valuable brand in Italy.
Armani Exchange (A|X), a subsidiary of Giorgio Armani S.p.A., is a younger, more affordable diffusion line of the brand. A|X was launched in 1991 and is now available in over 200 stores worldwide. A|X offers a wide range of clothing, accessories, and footwear for men and women.
Who owns the company?
The company is owned by Giorgio Armani S.p.A. Giorgio Armani is the majority shareholder of the company, with a 71% stake. The remaining 29% of the company is owned by Investcorp, a private equity firm.
Major stakeholders of the company in 2024
- Giorgio Armani (71%)
- Investcorp (29%)
Other notable investors
- Exor N.V. (5%)
- Fondazione Giorgio Armani (4%)
The future of the company
Armani Exchange is a growing brand with a strong presence in the global fashion market. The company is well-positioned to continue its growth in the years to come, thanks to its strong brand name, loyal customer base, and expanding product portfolio.
In 2023, Armani Exchange announced plans to open 50 new stores worldwide in the next five years. The company is also focusing on expanding its e-commerce business.
Armani Exchange is a valuable asset for Giorgio Armani S.p.A. The brand is a major source of revenue and profits for the company. Armani Exchange is also helping to attract younger customers to the Armani brand.
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FAQs and answers
Who owns Armani Exchange?
Armani Exchange is owned by Giorgio Armani S.p.A., an Italian luxury fashion house founded by Giorgio Armani in 1975.
What is Giorgio Armani’s stake in the company?
Giorgio Armani holds a 71% stake in Giorgio Armani S.p.A., making him the majority shareholder.
Who are the other major stakeholders in Giorgio Armani S.p.A.?
Investcorp, a private equity firm, owns the remaining 29% of Giorgio Armani S.p.A.
Are there any other notable investors in Armani Exchange?
Other notable investors include Exor N.V. with a 5% stake and Fondazione Giorgio Armani with a 4% stake.
What is the role of the Giorgio Armani Foundation?
The Giorgio Armani Foundation was created to implement projects of public and social interest, safeguard the governance assets of the Armani Group, and ensure stability over time.
How does Armani Exchange fit within the Armani Group’s brand structure?
Armani Exchange is a subsidiary of Giorgio Armani S.p.A., positioned as a more affordable diffusion line targeting younger consumers.
What are the plans for Armani Exchange?
Armani Exchange has announced plans to open 50 new stores worldwide in the next five years and is focusing on expanding its e-commerce business.
