ITALY: Clothing Co Posts $54m FY Turnover
Italian fashion group Clothing Company said Tuesday it will open a boutique in London this year and enjoyed a turnover of $54.3 million for 2002. The firm, which did not provide any year-ago figures, said turnover from the production of UK motorbike jacket brand Belstaff was $47.6m, while 2002 turnover from its men's fashion label Capalbio was $6.7m.
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