MILAN — Boosted by gains in its core footwear business and growth across all geographic markets, Tod’s SpA last year posted a 28.6 percent increase in net profits to 110.8 million euros, or $146.2 million, compared with 85.7 million euros, or $119.1 million, in 2009.
The Italian luxury goods company hit the $1 billion sales mark, with revenues growing 10.4 percent to 787.5 million euros, or $1.03 billion.
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)