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Marcolin results 'best in its 50-year history'

Business
Italian manufacturer Marcolin recorded a significant improvement in its financial position in 2010 with turnover rising by 15.2 per cent to €207.7m.

Tom ford

Marcolin recorded a significant improvement in its financial position in 2010 with turnover rising by 15.2 per cent to €207.7m.

The frame manufacturer described 2010 as the best in its 50-year history. Its net profit more than doubled from €7.1m in 2009 to €18.6m, while its net financial position went from -€23.8m to -€8.6m, an improvement of €15.2m. Marcolin has signed a renewed licence with Tom Ford through to 2022 as well as a five-year licence agreement with Diesel, whose eyewear will be launched in June. In 2010 the company launched Dsquared, Tod's, Hogan, John Galliano and the Swarovski line.

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