Tod’s, the luxury fashion group from Italy, is out with its 6-month (H1) report!
The clothing retailer has seen its H1 sales grow by a good 17 per cent, despite the pandemic menace in China in Q2.
Revenues at Tod’s clocked € 467.5 million in the first half of the year – all thanks to robust performance in Europe and Americas. The same, expectedly, fell by 19 per cent in Greater China.
The operating profit improved from € 2.7 million loss to € 17.7 million.
Here it is important to state that analysts had, reportedly, expected € 464 million in sales and € 9 million EBIT.
Founded in 1920, Tod’s has numerous stores around the world, including large flagship stores in Europe, the US, China, Japan, Malaysia, Singapore, Hong Kong, Indonesia and Australia.
