MILAN — A surge in sales in Eastern Europe and Russia combined with a further consolidation of activity helped Mariella Burani Fashion Group post bottom- and top-line gains in the first quarter.
For the period ended March 31, the Italian fashion and manufacturing company said earnings from continuing operations grew 1.7 percent to 6.1 million euros from 6 million euros a year ago. In dollars, income from continuing operations was $7.6 million versus $6.4 million. Figures have been converted to dollars at average exchange for the corresponding periods.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"