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Tod's Optimistic After First-Half Growth
(Source: LuxuryBrandNetwork.com)
Italian luxury goods house Tod's S.p.A. reported 2% sales growth at constant exchange rates for the first half of 2009. Growth was 3.4% including the effects of currency. Same-store results through 26 August were slightly negative (-0.9%). . . . keep reading
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Tod's Chief Buys Saks Stake
The Chairman and CEO of Italy's Tod's Group has bought a major stake in troubled retailer Saks, documents filed with the Securities and Exchange Commission show. . . . keep reading
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Tod's Revenue Up 9%
(Source: LuxuryBrandNetwork.com)
Tod's SpA, the Italian luxury goods group, reported 2008 revenue growth of 9% at constant exchange rates. Same-store revenue was up 1.2%. . . . keep reading
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Tod's Same-Store Revenue Up 1.4%
(Source: LuxuryBrandNetwork.com)
Tod's Group reported a 12% rise in sales for the nine months ended 30 September 2008, or 9.9% after the effects of currency exchange. On a same-store basis through 26 October, revenue rose 1.4%. . . . keep reading
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Luxury Outlook: EXCLUSIVE ANALYSIS
(Source: LuxuryBrandNetwork.com)
Luxury CEOs say the outlook for the fourth quarter and into 2009 is deteriorating rapidly. Even the most optimistic--including LVMH, Coach and Burberry--see growth rates slowing. Current coverage includes: Bulgari, Tifffany, Burberry, Coach, LVMH, Hermès, Williams-Sonoma, Liz Claiborne, Hugo Boss, Tod's Group, Ann Taylor and Nordstrom. . . . keep reading
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Tod's Looks to Eyewear for New Revenue
Luxury leather producer Tod's Group has signed a 5-year licensing agreement with the Marcolin Group for the manufacture and distribution of sunglasses and prescription frames. The first collection . . . keep reading
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