By  on May 14, 2009

MILAN — Italy’s Tod’s SpA on Wednesday reported single-digit gains in first-quarter profits and revenues, driven by sales of the Hogan brand and demand for shoes, and confirmed its targets for the full year.

For the three months through March 31, the luxury shoe and leather goods firm, which also owns the Tod’s, Fay and Roger Vivier labels, said operating profits gained 1.8 percent to 37.9 million euros, or $49.6 million, on revenues that increased 5.4 percent to 201.3 million euros, or $263.3 million. At constant exchange, revenues gained 4.9 percent.

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