By  on November 13, 2011

MILAN — Riding the luxury wave, Tod’s SpA posted growth in both operating profit and revenues in the first nine months of the year.

Lifted by gains in all brands, at retail and wholesale and across geographic markets and product categories, the Italian firm reported a 23.5 percent rise in operating profits to 164.4 million euros, or $230.1 million, in the period ended Sept. 30, compared with the same period last year. The net profit was not released.

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