UNDER EMBARGO UNTIL NOV. 7 AT 12.01 AM ET TOD’S INTERSECTION: Tod’s is launching its second collection with Chinese actor, singer and the brand’s global brand ambassador Xiao Zhan. Bags, shoes, ready-to-wear and accessories feature the exclusive logo Tod’s· X, symbolizing the intersection of paths. While the first collection was launched in 2022 when he … Read more
MILAN – After two years, Andrea Incontri and Benetton Group are parting ways, marking the latest change at the Italian company. In a statement issued Friday evening Milan time, Benetton said the decision was made in mutual agreement as “part of the rearrangement of the organization that is taking place, aimed at defining the team … Read more
MILAN — “This is the moment to celebrate the history of our brands, and the reason why these brands continue to be appreciated is because of their history.” Lorenzo Boglione was speaking of K-Way, which next year marks 65 years in business, and the 2750 Superga sneaker, which celebrates a century in 2025. But the … Read more
MILAN — Tod’s first communication campaign under creative director Matteo Tamburini is perfectly in sync with the brand’s history of shining the light on Italian lifestyle, but there is a twist. For fall, the brand is launching the Italian Stories campaign as if it were a series, with real Italian families, their homes and their … Read more
MILAN — Seven years after inaugurating a new factory in Arquata del Tronto, in Italy’s Marche region, Tod’s SpA chairman and chief executive officer Diego Della Valle and his brother Andrea Della Valle, vice chairman, on Friday were bestowed with honorary citizenship of the small town. The honor recognized the entrepreneurs’ social commitment for reacting … Read more
Tod’s Group will be delisted on June 7, but trading of shares will be suspended during the two prior days, which means the last day of trading will be June 4. Italy’s watchdog Consob on Thursday evening gave a green light to the squeeze-out at 43 euros per share. Earlier this month, the Italian luxury … Read more
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
MILAN — With one swift pull, Tod’s Group chairman and chief executive officer Diego Della Valle on Friday rolled down the curtain that hid the scaffolding covering part of the facade of Milan’s city hall, flanked by Mayor Giuseppe Sala. The event, which drew plenty of onlookers in the square where the building stands opposite … Read more
MILAN — It looks like Chiara Ferragni’s days on the board of Tod’s are over. The name of the digital entrepreneur didn’t appear on the list of nine candidates proposed as members of the company’s board of directors that the firm’s majority shareholder DI.VI. Finanziaria di Diego Della Valle & Co. submitted after the market closed … Read more
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