By  on January 25, 2012

MILAN — Strong gains in Asia and robust growth of the Tod’s brand and its footwear category helped parent company Tod’s SpA close 2011 with a 13.5 percent rise in sales to 893.7 million euros, or $1.24 billion at average exchange rates.

Chairman and chief executive officer Diego Della Valle stated that 2011 financial results “confirm the strength of our group, which has registered a solid double-digit growth even in a particularly challenging context.” The executive underscored the “excellent” performance in the U.S. and Asia.

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