MILAN — Expansion in the Americas and China, and narrowing wholesale channels in Italy, paid off for the Tod’s Group in the second quarter, buoying results for the first half and reinforcing performance expectations for the rest of the year.
The luxury Italian shoe and leather goods group, which is listed on the Milan Stock Exchange, reported sales growth of 8.4 percent for the April to June period, lifting results for the first half to 491.2 million euros, or $653.6 million, up 1.8 percent over the second quarter of 2012.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)