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Apparel and accessories

Armani predicts 2 more years of losses before 2020 recovery

August 3, 2018

Armani's 2017 results showed a 7 percent loss in revenue. Image credit: Armani

 

By Staff reports

Italian fashion label Giorgio Armani has responded to its falling profits last year, warning that it will likely see losses again this year and in the next before coming back up in 2020.

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