ITALY: SINV SpA Reports 22 Per Cent Turnover Increase
The Italian fashion holding SINV SpA has announced an annual turnover of 230bn lire ($110m) for the year 2000, a 21.8 per cent increase on the figure for 1999. The group, involved in the branded sportswear and ready to wear sectors of the industry, reported that from the 230bn lire figure 170bn lire ($81m) came from Sportswear International, 40bn lire ($19m) from Neo Res and 20bn lire ($9.5m) from Sartorie Riunite.
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