SHARE

Tod’s Sees Profits Rise By 23.5%

The Italian luxury goods firm has posted a 23.5% rise in operating profits for the first nine moths of the year, reaching €164.4m. Revenues were also up by 14.8% to €699m. Diego Della Valle, chairman and chief executive officer, said: “The nine-months results confirm the sound growth of our group’s sales, in all brands, product categories and regions, and the ongoing improvement of the already strong operating profitability.”

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.