MILAN — Tod's SpA has gotten a thumbs-up from Italy's watchdog authority that oversees public procurement for the Italian luxury goods company to sponsor the restoration of the Colosseum in Rome.
The authority determined that Tod's sponsorship contract merely details a financing plan and is therefore lawful and transparent. It is understood Rome's regional court, the T.A.R., will likely stand by the authority's decision.
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)