Tod’s chairman Diego Della Valle brought a healthy dose of Italian charm to Tokyo Tuesday night, when he hosted an event to promote the group’s new partnership with La Scala. Celebrities including ballet dancer Yasuyuki Shuto and actress Hisako Manda mingled at the brand’s Omotesando flagship. Top fashion editors then moved to a nearby restaurant, Two Rooms, for an exclusive dinner. Della Valle expressed his admiration for the country—despite its less than encouraging economic situation. “If I were 30 years old, I’d come here for a few years,” he enthused. “It’s a civil place, full of energy. I like it a lot. There’s a nice culture of elegant living.” But the executive was less forthcoming on his investment in Saks Fifth Avenue. The following morning, contacted via his spokeswoman, he declined to comment on his most recent transaction.
That move lifted his stake to 11 percent. Tod’s La Scala celebration is currently on the road to Beijing, where the brand will stage a theatrical performance and host a large event for both press and celebrities on Friday.