Cavalli returns to profit this H1

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.


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.