Third-quarter revenues at the Italian luxury group showed improvements.
The impact of the COVID-19 pandemic cut into the Italian luxury group’s bottom and top lines in the first half.
The group lost 6 million euros in the six months to June while sales were down 4.7 percent.
Analysts are eager to see concrete results from Tod’s new business model.
Through one of his holdings, the business titan will buy an additional stake of up to 5 percent of the publicly listed company.