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Tod’s Nine-Month Sales Rise More Than Expected

Tod’s Buyout Bid’s Take-Up Lags on Last Day of Offer

Sales at Italian fashion group Tod’s rose by a bigger-than-expected 16.4 percent in the first nine months of the year, pushed by tourist flows and local demand in Europe and Italy.

Revenues totalled €724.9 million ($738 million) in the period, above a €716 million forecast in an analyst consensus cited by Intesa Sanpaolo research.

“We are confident that we will be able to achieve good results also for the future,” chairman and CEO…


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