China and US growth compensate for domestic decline at Tod’s

18/11/2013
Italian luxury footwear and accessories group Tod’s has reported growth of 0.4% for the first nine months of 2013, compared to the same period last year.

Revenues reached EUR 752.6 million over the nine-month period, virtually the same as in the first three quarters of 2012.

One important detail is that Tod’s said its sales in its home market have declined by 18.5%, compensated for by growth of 27.9% in China and of 13.6% in the US.

Another positive note is that its Roger Vivier brand achieved growth of 65.7% over the period.