By  on March 23, 2010

MILAN — Boosted by the performance of its footwear division and growth in Italy and Asia, Tod’s SpA last year posted a net profit of 85.7 million euros, or $119.1 million, up 3.5 percent compared with 2008. In 2009, sales inched up 0.8 percent to 713.1 million euros, or $991.2 million, up 0.8 percent compared with the previous year.

“These results are even more noteworthy if we consider the challenging environment where we operated and confirm the strength and effectiveness of our strategy,” said Diego Della Valle, the group’s chairman and chief executive officer.

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