First half of 2020 shows operating loss for Tod’s
16/09/2020
Tod’s has released its half-year report, showing an operating loss for the brand as a result of the pandemic. Group sales were €256.9 million, down 43.5% from the first half of 2019.
The Italian luxury group said closures and pauses at manufacturing sites are expected to affect the entire year’s results, even though there have been signs of recovery in China.
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