By  on October 16, 2018

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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