By
Ansa
Ansa
Published
Sep 7, 2010
Sep 7, 2010
Cavalli returns to profit this H1
By
Ansa
Ansa
Published
Sep 7, 2010
Sep 7, 2010
MILAN, 6 Sept - The Cavalli group returns to profit, up by 1.9 million Euros in this year's first half, from a loss of 3.5 million in the same period last year.
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Stable consolidated net turnover amounted 86.2 million Euros (from 87.7 million on June 30 2009). Proof of the group's successful restructuration work - says a press statement- and the recovery of sales in its retail and wholesale channels, revenue grew 4% compared to the previous year, which is going to outset a dip from royalty takings.
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