Tod's SpA (TOD.MI)
23 Feb 2018
Latest Key Developments (Source: Significant Developments)
Italian luxury group Tod's says: revenues in the first half of the year stood at 497.6 million euros, down 3.4 percent from last year . same store sales at constant exchange rates were down by 14.3 percent in the first six months of the year . Chief Executive Diego Della Valle says development plan for the group continues, primary goal is to improve organic growth Further company coverage: [TOD.MI] (Reporting by Milan newsroom). Full Article
Tod's: Shares fall 4.9 percent after results . On Wednesday the group said Q1 sales fell due to weaker demand in China and shrinking tourist spending [ID:nL5N1886II] Further company coverage: [TOD.MI] (Reporting by Milan newsroom). Full Article
MILAN Italian luxury group Tod's will use multiple collections throughout the year to engage better with customers, chairman Diego Della Valle said on Friday, as more fashion brands adapt their strategies to the fast-moving market.