Phnom Penh: Saturday, 6th of July 2019 the A|X Armani Exchange was organized one year anniversary at AEON Mall Sen Sok City. The anniversary was very crowded and attended by Key Influences (KOL), Artists, Hip Hop dancer crew Klapyahandz, Reezy, Vuthea Srok khmer, Vin Vitiu to featuring a live art portraits from Seavpor Phour and music tunes by Kenny Chase and DJ Chee. During the event A|X Armani Exchange prepared course gifts, launching of New Summer Collection, drinks and treats to all hours of guests whom attend the spacial anniversary.A|X Armani Exchange was launched in 1991 in the U.S. It retails fashion and lifestyle products and is known for its occasionally provocative ad campaigns. Inspired by street-chic culture and dance music, it is targeted as the more accessible Armani brand.
To accelerate development of the nascent line, Giorgio Armani co-established the joint venture company Presidio Holdings Ltd in 2005 alongside Como Holdings, the company owned by the Singaporean tycoon Ong Beng Seng that, since 1994, has held the production and distribution license for A/X Armani Exchange in the United States, Canada, Central and South America and Asia-Pacific.
Initially, the Italian company held 25% of Presidio Holdings, the remaining 75% in the hands of Como Holdings. In 2008, Giorgio Armani acquired an additional 25% stake. In 2014, it acquired the remaining 50% “ensuring full ownership of the brand, which has 270 stores and over 3,000 employees”, the company said in a statement. Armani Exchange products are available exclusively in 270 stores in 31 countries and on the brand’s website.