
Diego Della Valle, the chairman and chief executive of Italian luxury shoe and bag maker Tods SpA, has acquired a 5.9 percent stake in U.S. department store chain Saks Inc over the last few months.
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Diego Della Valle, the chairman and chief executive of Italian luxury shoe and bag maker Tods SpA, has acquired a 5.9 percent stake in U.S. department store chain Saks Inc over the last few months.
Italian luxury shoe and bag maker Tod's turned in a 4.4 percent increase in first-quarter core profit as sales were boosted by demand for its shoes.
Asleep since 1954. But since Prince Charming (Diego Della Valle) bought the rights in 2007, rumours about a grand return for the fashion house Elsa Schiaparellia have pulsed through the fashion world. Sleeping Beauty ...
Italian eyewear maker Safilo's main shareholder Only 3 T denied newspaper reports that various parties are interested in buying into the company. Only 3 T called the news "groundless" in a statement.
The Italian luxury goods sector expects a 21 percent drop in EBITDA this year as the global crisis cuts into sales, fashion industry foundation Altagamma said on Monday March 30.
Italian luxury shoe and bag maker Tod's SpA left its 2008 dividend unchanged at 1.25 euros a share on Tuesday March 24 after reporting a 7.9 percent rise in its net profit to 83.4 million euros ($113.7 million).
Shoe and bag maker Tod's will update on the key Christmas period this week, and like other Italian fashion companies is likely to show that sales went better than expected but maybe at the cost of margins.
The winter sales for Italy's Mariella Burani Fashion Group (MBFG.MI) have started reasonably well after a good enough December but difficult November, Chief Executive Giovanni Burani said on Tuesday.
In couture, cut is vital, but Marie Dupuis has found it can also apply to price. Thanks to a little bargaining, a Jean-Paul Gaultier dress she had her eye on for New Year's eve was hers at a 40 percent discount.
Italian luxury shoe and bag maker Tod's SpA will have "an optimal" 2008 if the current trend continues, or even if it slows a little, Chairman and Chief Executive Officer Diego Della Valle said on Tuesday.