Tod’s posts higher revenues
Italian high-end footwear and luxury goods manufacturer Tod’s Group has posted a significant increase in revenues for 2006. Turnover increased 13.9% year-on-year to reach €573 million.
In terms of the company’s brands, Tod’s revenues grew by 13.1% and represented 57% of the group’s turnover as of December 31; Hogan brand posted positive results with revenues increasing by 23.3% to represent 27.1% of consolidated revenues; Fay revenues grew by 6.8%; and luxury shoes and accessories brand Roger Vivier posted +69.7% growth in revenues compared with 2005.