MILAN — Boosted by growth across brands and categories, in particular its footwear division, Tod’s SpA posted a 16.9 percent increase in net profits during the first half to 40.7 million euros, or $62.3 million, on a 9.7 percent rise in sales to 347 million euros, or $530.9 million.
Diego Della Valle, chairman and chief executive officer, described first-half sales as “outstanding.” Despite the challenging economic environment, Della Valle said the “effectiveness of the group’s strategy” allows the company to continuously improve its results and its operating profitability.
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?"