"},"content":{"rendered":"[vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”administrator,editor,author,armember”][vc_column][vc_column_text]<\/p>\n
<\/p>\n
<\/p>\n
Tod’s<\/strong> is doing better than before the covid.<\/p>\n <\/p>\n Diego Della Valle<\/strong>, the founder and principal shareholder of the Tod’s accessories and apparel group (eponymous brands, Fay, Hogan and Roger Vivier) announced in a statement that “profits have returned to values above those of 2019.”<\/p>\n <\/p>\n Its operating income was $17.7 million compared to a loss of $2.7 million last year.<\/p>\n <\/p>\n Its revenue itself grew by 17.4% to $464.7 million (467.5 million euros) in the last six months, partly thanks to Europe and the Americas. China, on the other hand, saw a 19% loss in revenue, due to the health restrictions in place.<\/p>\n <\/p>\n <\/p>\n Diego Della Valle added that the Italian group will focus on streamlining and improving the efficiency of the distribution network and developing the omnichannel<\/strong>. The objective is to increase revenues and margins, reaching a wider target.<\/p>\n <\/p>\n The Italian house launched a new strategy in 2017 to revamp its brands and attract a new, younger customer base. But the pandemic had disrupted its efforts. After five years of consecutive declines, however, the group’s sales rebounded for the first time last year.<\/p>\n <\/p>\n But if Tod’s is once again on a virtuous path, Diego Della Valle said “pay the utmost attention to the evolution of costs related to energy, logistics and raw materials.<\/p>\n <\/p>\n <\/p>\n Read also >Vranken-Pommery: Sales up nearly 18% in the first half<\/a><\/p>\n <\/p>\n Featured photo : \u00a9 Wikimedia commons[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]<\/p>\n <\/p>\n <\/p>\n <\/p>\n Tod’s<\/strong> is doing better than before the covid.<\/p>\n <\/p>\n Diego Della Valle<\/strong>, the founder and principal shareholder of the Tod’s accessories and apparel group (eponymous brands, Fay, Hogan and Roger Vivier) announced in a statement that “profits have returned to values above those of 2019.”<\/p>\n <\/p>\n Its operating income was $17.7 million compared to a loss of $2.7 million last year.<\/p>\n <\/p>\n Its revenue itself grew by 17.4% to $464.7 million (467.5 million euros) in the last six months, partly thanks to Europe and the Americas. China, on the other hand, saw a 19% loss in revenue, due to the health restrictions in place.<\/p>\n […][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\nNew customers<\/h2>\n
Sales of the Italian group Tod’s increased by 17% in the first half of the year, despite a wave due to Covid-19 in China in the second quarter.<\/h4>\n
<\/h4>\n