By  on August 26, 2014

PARIS — Eurazeo’s latest fashion purchase Desigual reported a stellar first half.

The Spanish fashion chain in which the Paris-based investment firm took a 10 percent stake in March said net income soared 48 percent to 66.4 million euros, or $90 million, in the six months ended June 30.

Driven mainly by its women’s clothing line and accessories, sales vaulted 23.1 percent to 452.9 million euros, or $620.9 million.

Dollar figures are converted at average exchange for the period in question.

In the first half of 2014, the company opened 45 new stores and made forays into new markets including Peru, Brazil and Luxembourg.

Known for its colorful designs, Desigual is now present in 109 countries via 450 retail stores, 11,000 multi-brand stores and 2,500 corner concessions in department stores.

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