China revenues up by 80% for Tod’s
Footwear group Tod’s achieved revenues of €622.6 million in the first nine months of 2021, up by 37.6% compared to the same period last year.
Its Tod’s brand contributed €296.1 million to the total, up by 40%, while Roger Vivier’s revenues for the nine-month period were €161.4 million, an increase of more than 50%. The
Hogan brand brought in €133 million and Fay €31.5 million, growth of more than 20% for each.
In terms of geography, there was growth of just under 70% for the Tod’s group in the Americas and of 80% in China.
Chief executive, Diego Della Valle, said all of the group’s brands were progressing well, with collections that consumers liked “for their quality, their modernity and their unmistakable Italian lifestyle”. He said “excellent results” in the Chinese market in particular were encouraging.