By  on March 27, 2014

MILAN — Gianni Versace SpA closed 2013 with growth in profits and revenues and is kicking off 2014 with a double-digit increase in retail sales in the first quarter and further growth prospects through an expansion of its retail network.

“We are keeping Made in Italy high,” said an upbeat Gian Giacomo Ferraris, chief executive officer of Versace, during an interview about the group’s year-end figures. “The year 2014 is shaping up to be a good one, on a like-for-like basis, as the closing with Blackstone will take place on April 3. The effects will be seen in the second part of the year. The year 2013 puts me in the condition to start well, in a favorable way.”

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