MILAN — Italian luxury group Tod's SpA on Wednesday posted double-digit revenue growth in 2007 despite a slowdown in retail sales and the underperformance of leather goods and accessories in December.
Buoyed by strong demand for high-quality footwear in Italy and the rest of Europe, Tod's preliminary sales for the 12 months ended Dec. 31 grew 14.7 percent to 657 million euros, or $900.6 million at average exchange.
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)