‘s namesake company reported a 16.5 percent increase in revenues in the first three months of the year ended March 31. Sales amounted to 309.1 million euros, compared with 265.3 million euros in the same period last year. At constant exchange rates, revenues rose 17.9 percent.
It was noted that the quarter also benefited from last year’s first-quarter basis of comparison, and from the sale of the spring 2024 collection. In the quarter, sales in Europe, including Italy, rose 13.9 percent to 108.8 million euros, representing 35.2 percent of the total, driven by a more diversified cluster of tourists, compared to a predominantly American one in the previous quarters.
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