By  on March 15, 2012

MILAN — Salvatore Ferragamo Group closed the year of its public listing with flying colors, reporting a 69.8 percent increase in net profit.

Boosted by worldwide growth, the bottom line at the Florence-based fashion house reached 103.3 million euros, or $143.6 million at average exchange, in the 12 months ended Dec. 31. This figure included minority interest profit of 22 million euros, or $30.5 million.

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