TOD's news and archive

Tod's nine month sales drop 2.2 percent

Tod’s S.p.A. sales for the first nine months of 2018 were 722.7 million euros (826 million dollars), up 0.1 percent at constant exchange rates, while at reported rates, the company said, revenues totalled 706 million euros (807 million dollars), a decline of 2.2 percent; with Tod’s and Roger Vivier, which have the highest presence abroad,...

Report

Tod’s chairman refutes reports claiming possible sale of group

Speaking at the 2018 Milano Fashion Global Summit, Tod’s Chairman and CEO Diego Della Valle denied rumours surrounding a possible sale of the Tod’s group, reports WWD. The report quoted Della Valle saying: “This rumor is a “recurring” one, but “if we really had to do an operation, it would be to buy, not to sell. “We are preparing the company...

Video

Video: Tod's Autumn Winter 2018/19 Campaign

Through the lens of Craig McDean, the new Tod’s campaign celebrates Italian elegance with a friendly wave of the hand, powerful enough to connect people all over the world. Source: Tod's, YouTube

Management|ANALYSIS Featured

A strong H1 shows that now it’s all about mid-term growth for Tod’s

Tod’s is willing to sacrifice margins and revenue in the short-term in order to achieve its strategic repositioning to focus on higher-end products. Earlier this year the Italian luxury group embarked on a new strategy, launching multiple collections throughout the year and focusing on more traditional products. This move implies a reinforced...

Fashion

Marcolin announces early renewal of eyewear license with Tod’s

Marcolin Group, one of the leading eyewear companies, has confirmed the early renewal of its licensing agreement to design, manufacture and distribute worldwide, Tod’s eyewear and sunglasses. The licensing agreement first signed in 2008, has been extended for another 5 years, until the end of December 2023. The Tod’s eyewear collection embodies...

Fashion

Tod’s and Mr. Bags to debut collaboration on WeChat ‘Baoshop’

Tod’s is to become the first luxury brand to debut a product on WeChat’s mini programme, called ‘Baoshop’, when it launches its limited-edition handbag co-designed by Chinese fashion blogger Tao Liang, better known as Mr. Bags. Launching on June 26, the dog-like handbag will be available first from the ‘Baoshop’ within the WeChat ecosystem,...

Management

Tod’s Q1 sales decline 1.8 percent

In the first quarter of 2018, at constant exchange rates, consolidated sales at Tod’s SpA were 234.1 million euros (278 million dollars), down 1.8 percent from Q1 2017. The company said, as expected, sales have been hugely affected by currencies fluctuations, mainly for Tod’s and Roger Vivier, which have an important presence abroad. At reported...

ManagementFeatured

Tod's nine-months revenues decline 4.7 percent

Tod’s Group’s consolidated sales were 722.2 million euros (835 million dollars) in the first nine months of 2017, down 4.7 percent from the same period of 2016. At constant exchange rates, the company said, sales would have been 725.6 million euros (838 million dollars), down 4.2 percent from last year. Commenting on the group’s first nine...

Retail

Tod's doing customization pop-up

Everyone wants to be unique. Tod's recognizes this. As a result, their 650 Madison Avenue store now has installed a pop-up my Gommino shop. Shoppers can customize Tod's best selling driver loafers. The pop-up opened July 19, and will remain open through October. The customized loafers are at a starting price point of 550 dollars. When shoppers...

Business

Tod's scaling back on store openings

Tod's Group SpA has announced that it will cut back on the number of new stores planned for 2017. On Tuesday, March 14, when the group announced their 2016 results, chief financial officer Emilio Maceralli said Tod's now plans to open between nine and 13 new stores in 2017. They also said they will close about six stores this year too. “Mainland...

ManagementFeatured

Tod's reports 3.2 percent fall in FY16 sales

Tod’s said that its consolidated sales were 1,004 million euros (1,065 million dollars) in FY 2016, down 3.2 percent from FY 2015. In Q4, sales totalled 246.3 million euros (261 million dollars), down 1.5 percent from Q4 2015. The company said, this result implies a significant improvement compared to the first nine months of the year,...

Report

Tod’s same-store sales decline 14.6 percent

Tod’s Group sales for the first nine months of 2016 were 757.7 million euros (824 million dollars), down 3.7 percent from the same period last yeat. At constant exchange rates, the company said, sales would have been 751.9 million euros (818 million dollars), down 4.4 percent from last year. The same store sales growth (SSSG) was down 14.6...