MILAN — Italia Independent Group SpA, the fashion group controlled by Lapo Elkann, said Thursday revenues surged in 2013, as the company amped up the global distribution of its cutting-edge frames.
Full-year total net revenues spiked 59.1 percent to 24.9 million euros, or $34.3 million, versus the same period last year, lifted primarily by sales in Italy and other European countries like France and Spain. Dollar amounts have been converted at average exchange rates for the periods to which they refer.
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