By  on September 6, 2011

MILAN — Despite the uncertain economy, Roberto Cavalli Group plans to continue to invest in building a retail network, which, in the first six months of the year, helped lift the fashion house’s bottom line.

In the period ended June 30, the Italian company reported a 6.8 percent increase in net profits to 2 million euros, or $2.9 million, compared with 1.9 million euros, or $2.3 million, in the first half of last year.

“Directly owned stores allow a brand to go through a crisis relatively unharmed,” Gianluca Brozzetti, chief executive officer of the group, told WWD. A tighter control over the brand is an asset in building and developing it, he added.

 

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