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.
The Italian luxury group is in the midst of a turnaround and a change in its business model, which also affected performance last year.
Analysts are eager to see concrete results from Tod’s new business model.
The results were dented by the group’s wholesale channel, a lackluster performance of its core footwear category, a drop in its leather goods division, and currency fluctuations.
Through one of his holdings, the business titan will buy an additional stake of up to 5 percent of the publicly listed company.
The 2,152-square-foot unit celebrates the idea of movement.
The Italian group’s performance was hurt by its wholesale channel and a lackluster performance of its core footwear category.
From the Fifties to the Nineties and crystals to exotics, accessories designers at Milan Fashion Week looked far afield for their inspirations.
Hogan marks its 30th anniversary this year and Andrea Della Valle, who helms the brand and is vice chairman of its parent company, the Tod’s group, struck an upbeat note.
“The Hogan Club is more about an attitude rather than a venue,” said the brand’s general manager Riccardo Sciutto.
The actor just finished filming the TV show “Tutankhamun” and a film about the Oxford-Cambridge Boat Race.
Holloway’s first collection for Agnona will bow for fall/winter 2016.
Holloway is leaving Hogan at the natural end of a two-year contract.