MILAN — A strong performance in China and the Americas couldn’t offset a drop in revenues in Italy, driving profits and sales at Tod’s SpA down in the first quarter ended March 31.
The luxury goods company said Tuesday that operating profits in the three-month period fell 6.8 percent to 53.4 million euros, or $70.5 million, and earnings before interest, taxes, depreciation and amortization were down 4.6 percent to 63.6 million euros, or $84 million.
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?"