Tod's group set to break the €1 billion barrier again
Footwear and Leathergoods group Tod’s has reported full-year revenues for 2022, posting a record figure of just over €1 billion and a rise of 13.9% over the previous year.
These figures are preliminary and unaudited and will only be confirmed in March, but if the group does not adjust them downwards, this will represent the second time Tod’s has broken the €1 billion. It achieved this milestone in 2016, with a figure marginally below the preliminary total for 2022.
The group’s brand portfolio which consists of Tod’s, Roger Vivier, Hogan and Fay, all closed the year with solid growth. The star performers were leathergoods and accessories, which posted a 33.7% increase year on year.
The Tod’s brand was the leading performer displaying growth of 19.1% compared to 2021.
Retail revenues came in at €743.3 million and this figure was supplemented by sales from franchises and independent outlets which totalled €263.6 million.
