Business / Giorgio Armani
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Autor: anton 13 November 2010
Words: 888 | Pages: 4
An entrepreneur is someone who organizes, operates, and assumes the risk for a business venture. Giorgio Armani is a perfect example of a modern entrepreneur, who became very successful in the fashion industry. Armani is estimated to be worth around 2 Billion (US) dollars.
Giorgio Armani was born on July 11, 1932 in Piacenza in the Emilia region of Italy. He also spent most of his childhood in Piacenza but he did not have a very happy childhood, Piacenza took heavy bombing during the time of a war, which Giorgio was very small and lost two of his best friends when a bomb exploded. He and his sister Rosanna Armani who was three years old at the time were nearly gunned down. Armani Parents would wake Giorgio and Rosanna in the very early hours of the morning and would take them to a shelter where they would be safe from the planes dropping bombs.
After the war had ended Giorgio and his family left the little provincial town of Piacenza and went to the City of Milan. This was very hard for Giorgioâ€™s family they lived in a very poor part of Milan and his parents struggled to rebuild a decent life.
Giorgio then went to university and studied medicine; he wanted to dedicate his life to helping others. After just two years of studying medicine he had to go to the military service, which Armani was very happy to do because he was not sure which way to take his studies and this was the perfect excuse for him to take a very much needed break?
Since Giorgio had been studying medicine he was put in the infirmary, which was very boring for him. He spent most of his time painting. Giorgio shortly became very busy when a flu epidemic that broke out and his infirmary filled with sixty patients. A short time later he took a brake from the military and asked to go and work in Milan.
When he arrived in Milan to work one of his friends told him there was a job opening at La Rinascente in the advertising department and that is when Giorgio got his first big break in fashion.
He then left La Rinascente and joined Nino Currati as a designer from 1961 to 1970, and then with encouragement from his close friend Sergio Galeotti he left Nino Currati to start his own fashion company.
Many people thought that Giorgio was crazy to try and start a fashion business because he would be faced with huge and very tuff competitors such as Valintino, Gucci, and also Prada. Many people thought that Valintino would crush Armani after his first line of clothing was released. But that did not happened and the Armani company begun to grow. His sister Rosanna Armani teamed up with Armani as head of communications activities of the company.
The Armani Brands became almost an instant success in the United States due to Armaniâ€™s relaxed designs and his sophisticated, unstructured jackets and suits for women.
Armaniâ€™s company did very well! Sales were 787 Million dollars (US) in 1994 he was up 12.4 percent from 1993. Garments accounted for about 527 Million dollars (US) of sales and accessories for about 200 Million dollars worth of sales. 1996 group sales rose to 1.3 Billion dollars (US). The Armani group also includes Simint. Simint produces Armani jeans and Armani JR, and also the Emporio Armani menâ€™s wear. The womenâ€™s Emporio collections are made by Antina. Sales for Antina and Simint are at 800 Million dollars (US). Armani also owns S.P.A, which was at 778 Million dollars (US) in 1996. Armaniâ€™s sophisticated
looks have won many awards such as the Neiman- Marcus award (1979) he also won the CFDA International award (1983) and the Semi-annual Italians menâ€™s fashion show.
His collections include the Armani Alta Moda, Borgonuovo 21, Giorgio Armani, Le Collezoni, Mani, Emporio Armani, A/X Armani Exchange, Giorgio Armani U.S.A, Armani Jeans, Armani Neve, Armani Golf, and Classico those are all collection made by Armani.
Quality of life is your personal satisfaction and the more money you have you are probably going to live a better quality of life and since Armani has over 2 Billion dollars he has an awesome quality of life. He goes to the most prestigious resorts for his vacations and has a private jet to take him there. He also has 6 houses in Italy his houses are located in Broni, Forte de Marmi and Pantelleria and in Tropez.
I think that Giorgio Armani deserves to be where he is today because he worked very hard for it and he has the perfect idea of what fashion should be. I also think that he is very smart and also very creative. He can turn the lamest trends into fashion hits and he knows how to make money!
After studying Armani I would consider entering the fashion industry and work very hard to become a huge success, it would be cool to have your name on clothes for the world to see and the money is not too bad either and it would be great to work with all the female models!
I hope that Giorgio Armani has a great future and designs many more sophisticated and unstructured clothes, and maybe I will be his main competitor in the future.
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