By and  on September 12, 2007

MILAN — Tod’s SpA posted double-digit profit growth in the first half on a lower cost base and accelerating sales momentum for its handbags and shoes.

Tod’s net profit for the six months ended June 30 rose 18.5 percent to 34.8 million euros, or $42.80 million. Sales for the period rose 15.7 percent to 316.4 million euros, or $389.2 million, in line with preliminary figures released in July. Dollar figures are at the average exchange rate.

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