By  on April 23, 2009

TOKYO — Despite a grueling market for luxury goods, Loro Piana managed to post sales growth in 2008.

For the year, the company reported revenue grew 1.4 percent to 426.3 million euros, or $627 million at average exchange, as sales of Loro Piana’s luxury products, like cashmere sweaters and wool suits, helped compensate for a decline in textile sales. Revenue would have risen 5.1 percent at constant exchange rates.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus