MILAN — Boosted by the performance of its footwear division and growth in Italy and Asia, Tod’s SpA last year posted a net profit of 85.7 million euros, or $119.1 million, up 3.5 percent compared with 2008. In 2009, sales inched up 0.8 percent to 713.1 million euros, or $991.2 million, up 0.8 percent compared with the previous year.
“These results are even more noteworthy if we consider the challenging environment where we operated and confirm the strength and effectiveness of our strategy,” said Diego Della Valle, the group’s chairman and chief executive officer.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"