Luxury goods company Tod's Spa saw its net income rise 7.9% during the 2008 fiscal year, to EUR83.4m (US$113m).

The Italian company, which sells luxury shoes, leather goods and apparel through the Tod's, Hogan, Fay and Roger Vivier brands, said consolidated sales were EUR716.4m, up 9% on full year 2007.

At reported rates, revenues totalled EUR707.6m, a 7.7% increase.