All Tod's articles

  • Tod's 2

    Tod’s enjoys recovery in Asia


    Tod’s is seeing signs of recovery in Japan and South Korea on top of the strong growth already enjoyed in China. But the company warned that to meet market expectations, it would need some “respite” in store closures in the fourth quarter. Financial analysts anticipate full-year sales of €647 million. ...

  • tods 3

    Tod’s posts operating loss in H1, low visibility on future trend


    The Italian shoe maker Tod’s posted operating losses in the first half of 2020 due to the impact of lockdown and travel restrictions adopted to tackle the spread of the Covid-19 pandemic. It signaled that the start of the third quarter was better than the trend seen in the ...

  • Article

    Tod’s very prudent as Q1 sales drop nearly 30%


    In the first quarter, Tod’s sales fell by 29.4 percent to €152.8 million due to the impact of the Covid-19 pandemic and the company’s “very prudent” delivery policy, both toward its stores and wholesale clients. At constant currency rates, revenues fell by 29.7 percent. All the group’s brands and geographies ...

  • News briefs

    Tod’s scraps dividend, chairmen waive 2020 pay


    Because of the uncertainty surrounding the Covid-19 pandemic, Tod’s has decided to cancel its full-year dividend. The company had previously declared a dividend of €0.6 per share on its 2019 results. It still plans to spend 1 percent of net profit on solidarity projects. It added that its chairman, ...

  • News briefs

    Tod’s owners help healthcare workers’ families


    In an appropriate gesture of solidarity, the family of Diego and Andrea Della Valle , which controls Tod’s , has reportedly allocated €5 million to support the families of healthcare workers who have lost their lives in the fight against Covid-19. The funds will be managed by Protezione Civile ...

  • News briefs

    Tod's signs Japanese designer


    Tod’s has signed on the Japanese designer Maiko Kurogouchi to work for T Factory , a project launched in September 2018 to temporarily hire designers who can help the company provide more collections throughout the year. Tod’s previously worked with the designers Alessandro Dell’Acqua and Alber Elbaz . Kurogouchi designs ...

  • Article

    Tod’s benefits from its DTC orientation


    For the second quarter in a row, Tod’s beat market expectations in terms of sales development as the group registered the “first positive signs” of its strategy of renewing its collections more regularly and reducing its exposure to wholesale clients. Tod’s posted fourth-quarter sales of €238.4 million, up by 1.7 ...