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Home Lifestyle Fashion

Italian trend group Tod’s H1 gross sales develop by 17%

livemag by livemag
September 13, 2022
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Italian trend group Tod’s H1 gross sales develop by 17%
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Picture Courtesy: voguebusiness.com

Tod’s, the posh trend group from Italy, is out with its 6-month (H1) report!

The clothes retailer has seen its H1 gross sales develop by a great 17 per cent, regardless of the pandemic menace in China in Q2.

Revenues at Tod’s clocked € 467.5 million within the first half of the yr – all due to sturdy efficiency in Europe and Americas. The identical, expectedly, fell by 19 per cent in Better China.

The working revenue improved from € 2.7 million loss to € 17.7 million.

Right here you will need to state that analysts had, reportedly, anticipated € 464 million in gross sales and € 9 million EBIT.

Based in 1920, Tod’s has quite a few shops all over the world, together with giant flagship shops in Europe, the US, China, Japan, Malaysia, Singapore, Hong Kong, Indonesia and Australia.





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