Sales at the Tod’s group fell 30.4 percent in 2020, although the Italian luxury company reported strong business online and in China, while it has signed a credit agreement linked to sustainability targets for a maximum amount of 500 million euros.
Thirty-three young designers from the prestigious school will interpret one or more codes of the Tod’s brand.
Third-quarter revenues at the Italian luxury group showed improvements.
The Italian entrepreneur sees young and small brands, as well as the Italian fashion industry, benefiting from the storytelling potential.
The impact of the COVID-19 pandemic cut into the Italian luxury group’s bottom and top lines in the first half.
Despite sharing a great resemblance with its classic C-bag, the model with a shorter shoulder strap is structured entirely different inside out.
Tod’s chairman shared the message via a full-page ad appeared in a range of Italian daily newspapers on Sunday.