Turnaround efforts at Italian luxury group Tod’s are starting to bear fruit with e-commerce sales growing at a “high-double digit” pace, owner and Chief Executive Diego Della Valle told shareholders on Thursday.
The Italian footwear label has tapped the former creative director of Lanvin to collaborate on its Tod's Factory project. The famous designer has created an accessory collection that will be revealed before the summer.
The world’s luxury number one is proposing to appoint the president of Warner Bros. France to its board in place of Bernadette Chirac, and to appoint photographer Yann Arthus-Bertrand as board observer.
Italian luxury goods company Tod’s reported on Monday a bigger-than-expected 26 percent drop in 2018 core profit, hit by a sharp acceleration in marketing expenses and higher costs to strengthen its design teams.