By  on January 31, 2008

MILAN — Italian luxury group Tod's SpA on Wednesday posted double-digit revenue growth in 2007 despite a slowdown in retail sales and the underperformance of leather goods and accessories in December.

Buoyed by strong demand for high-quality footwear in Italy and the rest of Europe, Tod's preliminary sales for the 12 months ended Dec. 31 grew 14.7 percent to 657 million euros, or $900.6 million at average exchange.

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