MILAN — IT Holding, parent of Gianfranco Ferré, Romeo Gigli and Ittierre, reported first-half operating profits grew 23 percent to $13.5 million as Ferré results were consolidated for the first time.

Sales advanced 26.1 percent to $305 million. A statement issued by the company Thursday attributed growth to healthy sales volumes, an increase in profitability and a rationalization of operating costs.

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