By  on March 8, 2018

MILAN — Aeffe SpA is reaping the rewards of strategies the Italian fashion group set in motion years ago, seeing net profits in 2017 more than triple to 11.5 million euros, compared with 3.6 million euros in 2016.

On Thursday, the company confirmed preliminary sales first reported in February, showing revenues rising 11.4 percent to 312.6 million euros, compared with 280.7 million euros a year earlier.

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