MILAN — “We are buyers, not sellers,” said Tod’s chairman and chief executive officer Diego Della Valle on Tuesday. Speaking at the 2018 Milano Fashion Global Summit, Della Valle brushed off speculation he was setting in motion a possible sale of the Tod’s brand.
Della Valle said this rumor is a “recurring” one, but “if we really had to do an operation, it would be to buy, not to sell.” To further support his involvement, Della Valle emphasized the steps taken to turn around the company and “prepare it for the next 10 years, when we will surely be attentive to new consumers, but carefully avoiding going overboard in chasing trends. We must not lose sight of who we are.”
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“As long as [companies] are peopled by humans, there’s always that opportunity [for authenticity.] When that doesn’t happen, it’ll hurt your [brand],” he says. “We’re human beings. Human meaning flesh, being meaning spirit. As long as we have that, there is the opportunity for growth and elevation.” — Pharrell Williams, WWD Original.
The Paris men’s calendar just gained another heavy hitter: Celine will stage a show in January, mere months after creative director Hedi Slimane launched its men’s wear division during a coed show on Sept. 28. 📸: @thekateowen
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