By  on October 12, 2010

MILAN — A year after launching an extensive reorganization plan, Gian Giacomo Ferraris, chief executive officer of Versace SpA, said he expects sales in 2010 to reach more than 280 million euros, or $390 million, up from 268 million euros, or $373.1 million, in 2009.

The 2010 revenues would exceed his target of 270 million euros, or $376 million. Dollar figures are converted at current exchange rates. Ferraris said retail and wholesale revenues each grew 13 percent in the first nine months of the year, compared with the same period in 2009.

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