By  on August 26, 2009

MILAN — Tod’s SpA reported a 3 percent rise in first-half earnings and revenues on Wednesday and said it anticipated a positive second half, sending its share price to the highest level in more than 18 months.


For the six months through June 30, net profits at the Italian luxury shoe and leather firm, which owns the Tod’s, Hogan, Fay and Roger Vivier labels, increased 3.1 percent to 41.9 million euros, or $55.9 million, which beat analyst estimates. Consolidated sales increased 3.4 percent to 359 million euros, or $479.3 million, driven by Hogan and demand for shoes in Italy and Asia.

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