Tod’s S.p.A financial reports out

Tod’s S.p.A, an Italian manufacturer of apparel, shoes, leather goods and accessories has announced the group financial results for the first half of 2014 registering sales of 478 Euros. The Group’s net income was reported to be 56.2 million Euros, equal to 11.8 per cent of their sales. The company distributes its products through directly operated stores (DOS), franchised retail outlets, and independent multi-brand stores primarily in Italy, Europe, the Americas, and Asia.

“We continue to carefully develop our distribution network and to invest in human resources and in production capacity, in order to face the growing demand. The first feedback of clients to the Fall Winter collections is very encouraging and, if this trend will continue, we can look at the yearly performance with a positive stance,” said Diego Della Valle, Chairman and CEO of the group.