Tod’s results fall short of expectations
01/02/2008
Although Italian luxury footwear and leather goods manufacturer Tod’s, whose brands include Tod’s, Hogan, Fay and Roger Vivier, has reported a 14.7% rise in sales to reach €657 million ($972.9 million) in its unaudited 2007 results, the company failed to meet its profitability expectations for the year due to lower December sales and the strength of the euro.
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