Tod’s group suffers fall in revenues in 2019
High-end footwear group Tod’s has reported full-year earnings for 2019 of €916 million, a decline of 2.6% compared to the previous year.
Flagship brand Tod’s suffered a decline in sales revenues of 7.4% to reach €461.8 million. There were falls, too, for the Hogan and Fay brands, of 4.7% and 8% respectively, bringing in totals of €196.5 million and €56.3 million.
However, there was growth for the group’s other brand, Roger Vivier. In fact, Roger Vivier took over from Hogan as the group’s second-biggest brand. Revenues for Roger Vivier reached €200.5 million in 2019, growth of 15.5%. The brand registered positive results in all geographical areas in which it operates, the group said, and had “excellent feedback” on new product lines.
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