The chairman and chief executive of Tod's, Diego Della Valle, has struck a deal with the French bank Crédit Agricole to buy a 5.13 percent interest in the Italian luxury shoe company controlled by his family, lifting their stake to 65.8 percent. According to a filing with the Italian stock market regulator, Consob, the family previously owned 60.66 percent of Tod's through the companies Diego Della Valle & C. and DI.VI. Thanks to a forward contract established with the French bank, they can buy a further 1.7 million Tod's shares by Oct. 1, 2019.

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