MILAN — In what could be Tod’s Group last earnings report for the financial community before the company goes private, the Italian luxury goods maker reported a 6.7 percent year-over-year drop in sales. Sales were pulled down by declines in the shoe category, a drop in revenue from Greater China and a negative foreign exchange … Read more
MILAN – Mission accomplished. Tod’s will delist from the Milan Stock Exchange at the end of trading on May 8. On Friday evening, the Italian luxury group reported that the voluntary totalitarian tender offer of Tod’s shares promoted by Crown Bidco S.r.l., an L Catterton affiliate, had reached an aggregate stake greater than 90 percent … Read more
Roger Vivier has landed at Neiman Marcus Beverly Hills with a Candy Clouds pop-up through April 20. Positioned at the entrance to the store, creative director Gherardo Felloni’s spring 2024 collection is set among an installation of huge cotton candy-like cloud sculptures in chiaroscuro colors from orange, to pink, to purple, replicating the glow of … Read more
MILAN — Diego Della Valle, chairman and chief executive officer of Tod’s Group, has not given up on the idea of delisting the company — this time with the help of LVMH chief Bernard Arnault. On Sunday morning, the Italian luxury group — through Diego Della Valle, Andrea Della Valle, DI.VI. Finanziaria di Diego Della … Read more
