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Armani Group posts strong Q1 sales growth amid Asia recovery

Italy’s Armani Group reported strong sales growth in 2022 which has continued into the first quarter of the current year. In the 12 months ended December 31, net revenue increased 16.5 percent to 2.35 billion euros, while EBIT rose 30 percent to 202.5 million euros, and pre-tax net profit was up 16.4 percent to 218 million euros. The group said...