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 — The chairman of luxury company Tod's Diego Della Valle denied speculation over the possible sale of the group, whose majority is owned by his family.
An Italian newspaper reported on Monday that Della Valle had started the reorganisation of the family's holding companies and that the move could pave the way to a future sale of the group.
The Della Valle family currently owns just over 60 percent of the Tod's Group, known for its Gommino shoes and leather accessories, through two separate holding companies.
By Claudia Cristoferi; editor: Giulia Segreti.
The deal is expected to help tip the company into profit for the first time and has got some speculating whether Beckham may one day eclipse her husband in money-making potential.
The designer has always been an arch perfectionist, a quality that has been central to his success but which clashes with the demands on creative directors today, writes Imran Amed.
This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.
The luxury goods maker is seeking pricing harmonisation across the globe, and adjusts prices in different markets to ensure that the company is”fair to all [its] clients everywhere,” CEO Leena Nair said.