Tod’s posts 33% rise in sales
Italian luxury shoe, leather goods and apparel producer, Tod’s S.p.A., has posted positive results for the first quarter, reporting a €140.4 million in sales, a 33% increase on last year. All of the group’s brands achieved good growth rates. Tod’s revenues increased by 30.9% and remains the group’s principal brand, representing 54.7% of consolidated sales as of
During the first quarter, shoe sales increased 31.2%, leather goods and accessories rose an impressive 40.5%, and apparel sales increased by 30.5%.
Diego Della Valle, chairman and managing director, commented, “The results we are releasing today are for sure very satisfactory. Sales figures confirm the full success of our collections in all the product categories and across all the markets, further emphasising the respect which our consumers attribute to all of our brands.”
