WWD Breaking News
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 FASHION RETAIL BEAUTY SPORTSWEAR EYE MEMOPAD TEXTILES ACCESSORIES FINANCIAL |    -Hermès International said net profits climbed 8.7 percent last year to 268.4 million euros, or $351.3 million, up from 247 million euros, or $323.3 million, a year ago. The results were boosted by the disposal of the company's stake in the camera firm Leica, but reflect a slowdown in Japan in the second half and the discontinuation of Hermès' canvas bag lines, which clipped annual sales growth by 2.6 percent... -Bulgari said Thursday that full-year 2006 net profit grew 15 percent to 134.3 million euros, or $169.2 million. The company did not break down fourth-quarter profits but, based on results from the first nine months of the year, fourth-quarter net profit dropped 8.8 percent to 55.8 million euros, or $72 million... -Valentino Fashion Group SpA said Thursday that 2006 net profit increased 5.2 percent to 95.2 million euros, or $119.9 million. The company, encouraged by wholesale and retail performance in the first two months of the year, said in a statement that it expected 2007 sales and profit "to grow significantly."... For complete coverage, see tomorrow's issue of WWD. | Advertisement  | ||||||
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