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August 03, 2007
VFG Gets Income Boost From Hugo, Valentino
Valentino Fashion Group’s income surged 18.3 percent to 58.3 million during the first half of the year, driven by strong sales of the Hugo Boss and Valentino brands.
Sales at Hugo Boss grew 11.5 percent while Valentino saw an 8.2 percent rise.
VFG is bullish about its performance for the remainder of the year, predicting a growth rate of 10 percent. The company is benefitting from direct retail sales and an upgrade in its computer systems.
Posted by Blacks on August 3, 2007 10:17 AM
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