Williamsburg helped lead Brooklyn neighborhoods in all home Shoes, with an 83% increase from last quarter and 193% from a year ago. "In the 2011 fiscal year ... the company expects to record a profit at group level," the German auto maker said in a statement, adding that it expects to reach break even in the remainder of 2010. Porsche Automobil Holding SE said its fiscal-2010 net loss narrowed sharply and that it expects Louboutin Boots return to profitability in 2011 as the sports car maker's rebounding sales help offset charges stemming from its stake in Volkswagen AG. The Stuttgart-based maker of the 911 and other sports cars reported a net loss in the year ended July 31 of [euro]454 million ($633 million) compared with a net loss of [euro]3.56 billion in the same period a year earlier. The loss was smaller than Louboutin Boots analysts had expected after Porsche said in June its loss would be less than [euro]1 billion. Porsche, which plans to switch next year to reporting for the calendar year, added that it aims to "at least" break even for the last five months of 2010 and to return its first profit in three years in 2011. The loss is largely due to accounting effects related to Porsche's Louboutin Boots stake in Volkswagen.
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