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Armani profits from low-cost China
20
Jul '11
Believe it or not! The famous Armani suit retailing between US $500-800 is manufactured at just a fraction of its retail price in China.

Hongdou Group once produced suits for the Armani brand. The suit was supplied to Armani at just $50, but in an Armani store, it was priced between US $500-800 per suit.

In the case of low-priced Armani suits, the margins are more mind-boggling.

The manufacturing cost of a low-priced which could be retailing between $200-250 per suit is as low as just $10-15 per suit.

Fibre2fashion News Desk

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