It is the first time the Italian designer has worked with another name on a product.
The leather bracelet in red or brown has a "Tree of Life" design and inside carries the initials J.R, Armani said.
"Julia has helped to create a beautiful accessory ... which will be a visible reminder of the part that we can all play in fighting AIDS in Africa," Armani said in a statement.
Armani, known for his classic, flowing clothes and subtle colors, has been a partner in the (PRODUCT) RED initiative to send funds from the sale of products to help the fight against AIDS since it started in 2006.
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