Tod’s profits boost confidence

31/07/2023

Italian footwear company Tod’s has announced confidence-boosting first-half profits, with a 23% rise on the previous year’s figures.

With total sales of €574 million, the rise was said to be strongly driven by sales in China, where a 45% increase was seen, representing €196 million.

All sales regions saw some sales growth with the exception of the Americas, where there was a small drop in revenue.