By  on December 19, 2018

MILAN — Tod’s SpA shares closed up 9.7 percent at 40.94 euros at the end of trading in Milan on Wednesday after rising more than 12 percent earlier in the day. The spike followed a regulatory filing that pointed to plans by one of chairman Diego Della Valle’s holdings to increase its stake in the luxury group by up to 5 percent, or 1.7 million shares.

The holding Diego Della Valle & C. Srl is one of the namesake entrepreneur’s investment vehicles. The Tod’s group includes the Tod’s, Hogan, Fay and Roger Vivier brands.

To continue reading this article...

load comments
blog comments powered by Disqus