Well I think I've figured out why Giorgio Armani is always smiling, it's not just to show off his large white teeth in his perfectly tanned face.
Vogue UK reports that Armani's company released its annual report yesterday. Armani had a net profit rise of 66.2 per cent last year to $299.6 million, compared with $164.6 million last year. Giorgio Armani himself is the sole owner of his label and so he is enjoying the profit rise personally. According to WWD, the report revealed that among the firm's investments was a heftly $18.3 million which went for a new 213-foot yacht for Armani to help him keep that famous tan.
