MILAN — Italian luxury goods maker Tod’s SpA on Friday said it achieved “outstanding results” in the first half with revenues and profits posting double-digit gains on the back of strong sales of shoes and Tod’s-branded goods in all geographic markets.
In the six-month period ending June 30, Tod’s Group — which produces shoes, leather goods and apparel — reported net profits of 65.4 million euros, or $91.8 million, a 26.7 percent increase on the year-ago period, while consolidated revenues increased 16.4 percent, to 439.5 million euros, or $616.6 million. Dollar figures are converted at average exchange rates for the periods to which they refer.
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)