Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Giorgio Armani enters Indochina

Italian luxury fashion house Giorgio Armani has made its first move into the Indochina region, with the opening of a new store in Vietnam.

The 215 sq-metre store is located at the shopping centre Vincom Center in Ho Chi Minh City and features a large screen showing images of the current collections.

The store, which connects onto the two-storey Emporio Armani Caffè, offers the Emporio Armani collections for men and women, ranging across formal and casual wear, sportswear and leather accessories.

Founder Giorgio Armani said the move is the right step for the fashion house, which has 609 stores in countries such as the UK, the US and Australia.

“I believe the young people there, especially in Ho Chi Minh City, are ready to embrace the fashionable look of the collection,” he said. “I love the energy of the place and feel that Emporio Armani will find a natural home there.”

Giorgio Armani last week posted a decline in both sales and profits for 2009.

Revenue was down 6% to €1.52bn (£1.27bn), down from sales of €1.62bn (£1.35bn) last year, with EBITDA plunging 28% to €218m (£181.7m), down from €303m (£252.4m) in 2008.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.