Italian high-end

Italian high-end market maker Ferragamo shoes first half profit up a third on
Monday, once again prove that the luxury industry in the global financial chaos
remains under strong vitality.
Ferragamo shares closed at 11.69 euros, compared with the listing of nine euros rose
by 3.8%. Milan's blue-chip index over the same period grew by 2.3%.
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Ferragamo said first-half net profit increased by 32.4% to $ 45.7 million euros ($
66.4 million), which indicates that despite the U.S. economic recovery uncertain,
the euro District's debt crisis and other negative factors, scarves and leather
demand remains buoyant.