Italian high-end footwear, leathergoods, and apparel manufacturer Tod’s Group has posted a significant increase in revenues for 2006. Turnover increased 13.9% year-on-year to reach €573 million.

In terms of the company’s brands, Tod’s revenues grew by 13.1% and represented 57% of the group’s turnover as of December 31; Hogan brand posted positive results with revenues increasing by 23.3% to represent 27.1% of consolidated revenues; Fay revenues grew by 6.8%; and luxury shoes and accessories brand Roger Vivier posted +69.7% growth in revenues compared with 2005.

In terms of products, revenues from footwear increased 13.6%, well above the industry average, and represented 62.4% of the group’s turnover.

Revenues from leathergoods and accessories increased 19.4% to represent 23.3% of consolidated turnover, versus 22.2% in the previous year. Sales from apparel increased 7.4%.

The group achieved positive results in all the regions in which it operates. Revenues increased 15.8% in Italy and 8.2% in the rest of Europe. They improved 5.2% in the US market and by 25.3% in the rest of the world, mainly driven by the Far East.