While revenues fell 29.4 percent, hurt by the lockdown in its main markets, the Italian luxury group sees signs of improvement in China.
The administration of the fund, called “Sempre con Voi [Always With You]” will be entrusted to the Civil Protection.
The decision was made in light of the progressive worsening of the coronavirus crisis and the Tod’s group will also not distribute dividends in 2020.
Both the situations in China and Italy were addressed.
Buyers aren’t ready to say goodbye to the square toe yet, but in the meantime, trends are emerging, from chunky round-toe boots to supersize bags and chandelier earrings.
The Paris showcase is at the museum that ignited his passion for travel, the decorative arts — and shoe design.
Sézane founder Morgane Sézalory and author Morgane Ortin will animate the store for the exhibition that runs from Feb. 8 to April 19.
“After this, I think my actual Christmas is going to be a letdown.”
“Marche et Démarche” at the Arts Décoratifs in Paris looks at the evolution of footwear design through the years.
Women’s practical needs drove this seasons trends: Roomy totes that can fit a laptop and luxe iterations of orthopedic shoes among the biggest hits.
While in the midst of a turnaround of his company, Della Valle insists on staying away from “distorting” his brands, as he discusses he new sprawling Tod’s Studios unit in Milan’s Via Montenapoleone.
Footwear remains one of the strongest categories in retail businesses, and that’s not because of high heels but because sneakers, flats and mid-heels have been driving growth.
The group lost 6 million euros in the six months to June while sales were down 4.7 percent.