Tod’s said that preliminary sales figures showed that group revenue fell 2.6% in 2019 to €916.1 million, pushed down by weaker business in Italy and the rest of Europe. A year earlier, Tod’s revenues fell 3% globally.
The luxury footwear brand has diversified into jewellery, releasing a debut collection inspired by the buckles of its shoes. For its launch campaign, the Tod's-owned label has hired model Sophia Hadjipanteli.
Tod’s posted a fall in nine-month revenues and said it would be “challenging” to meet full year profit forecasts as it steps up investments to bolster sales hit by a weak domestic market and turmoil in Hong Kong.
Italian luxury goods maker Tod’s has budgeted for a potential hit from continuing unrest in Hong Kong and is seeing signs of progress with the brand’s turnaround strategy, the head of the company said on Friday.
Manolo Blahnik has been busy of late. Fresh from buying a key supplier last month, the company said on Friday that it has appointed company insider Andrew Wright as President of its North American operations.
As brand marketing goes, a big exhibition at one of the world’s leading cultural institutions is as good as it gets and the Dior label gets a major boost this spring as the V&A stages its Dior Designer of Dreams show.
August Getty, one of the few couturiers who hails from Los Angeles, is on a mission: to bring glamour back to Paris. His house, August Getty Atelier, stages its French couture debut in January at the Ritz Hotel.