The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
MILAN, Italy — Italian luxury group Tod's said on Wednesday results from the company's new management team would be visible starting from the second part of the year, though admitting 2018 will be a "year of transition."
The group, known for its leather goods and Gommino loafers, said preliminary sales for 2017 were 963.3 million euros (843.40 million pounds), in line with a Thomson Reuters analyst consensus of 965 billion euros.
Revenue was down 4.1 percent year-on-year at reported rates, it fell 3.1 percent at constant exchange rates.
The group has said that it would focus on more traditional and iconic products rather than more fashionable ones and that it was ready to short-term sacrifices for growth in the medium-term.
By Giulia Segreti; editor: Francesca Landini.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.