Valentino H1 led by women's segment & accessories sales
01 Aug '06
2 min read
Group net debt at 30 June 2006 amounted to €407 million, down from €425 million at 30 June 2005.
Investment for the period amounted to €54 million, up from €37 million in the first half 2005, largely allocated to developing direct retail and implementing the IT platform for integrated supply-chain management.
Chairman of Valentino Fashion Group S.p.A., Mr. Antonio Favrin, said, “For all the 2006, we project double-digit revenue growth, combined with improvements in the sales mix, allowing operating income and pre-tax profits to increase more than proportionally to revenue.”
The Board of Directors will examine the Report on Operations at 30 June 2006 at its meeting scheduled for 12 September.
Valentino plays a vital role in the world of fashion and luxury, with a rich and well-diversified portfolio of products which includes clothing, accessories, and footwear for men and women.
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
