Tod’s set to leave Milan bourse as L Catterton offer succeeds

By Reuters API Published May 4, 2024  L Catterton, a private equity firm backed by French luxury group LVMH, said on Friday it succeeded in securing enough shares in luxury shoe maker Tod’s to take it private in agreement with the Italian group’s main shareholder, the Della Valle family. Reuters L Catterton said it had … Read more

Glass and gold leaf shoes, Venetian masks: inside Tod’s Venice display of master artisans’ craftsmanship

Following the invitation-only celebration, “The Art of Craftsmanship” was opened to the public for two days. Master artisans were tasked with reinterpreting Tod’s classic pebble-sole Gommino loafer, and the brand, for the exhibition. Photo: Tod’s At the entrance, an oversized spool conceived by artist Federica Marangoni gave guests a hint of things to come; around … Read more

Tod’s triumphs with Art of Craftmanship in Venice

Few brands are as attached to the concept of craft as Tod’s whose creative collaboration, The Art of Craftmanship – A Project by Venetian Masters, opened with panache on Friday night.  The presentation on Friday evening Scores of luxury labels descended on Venice this week, as the Biennale opened in the lagoon city, but none … Read more

Tod’s investor calls for L Catterton to raise buyout offer

By Reuters API Published Mar 26, 2024 Tod investor Tabor Asset Management has published an open letter calling for an increase in the price offered by L Catterton to buy 36% of the Italian luxury shoemaker, saying the price of 43 euros per share is unfair. See catwalkTod’s – Fall-Winter2023 – Womenswear – Milan The … Read more

Italian luxury group Tod’s reports jump in operating profit

By Reuters API Published Mar 13, 2024 Italian luxury group Tod’s said on Tuesday its operating profit rose to 94.7 million euros ($103.3 million) last year from 58.2 a year earlier, ahead of L Catterton’s offer aimed at delisting the company. See catwalkTod’s – Fall-Winter2023 – Womenswear – Milan The shoemaker’s earnings before interest and … Read more

Shoemaker Tod’s should walk toward a sweeter offer

By Bloomberg Published Feb 12, 2024 Driving-shoe maker Tod’s SpA always looked like a private company, what with the Italian Della Valle family having a majority. Now it soon might be. The founding family is teaming up with L Catterton, the private equity firm backed by LVMH, to buy out the remaining shares, valuing the company at €1.42 … Read more

Tod’s rises 17% on L Catterton bids to help owner’s delisting plan

By Reuters API Published Feb 12, 2024 Shares in Tod’s rose 17.4% on Monday, after private equity firm L Catterton offered to buy 36% of the luxury shoemaker and take it private, in agreement with the Della Valle founding family. Shares rose to 42.7 euros each by 0835 GMT, just below the 43 euros per … Read more

LVMH-backed L Catterton to launch tender offer for 36% of Tod’s

By Reuters API Published Feb 11, 2024 L Catterton, a private equity firm backed by France’s LVMH, said it will launch a tender offer to buy 36% of Italian luxury group Tod’s to take it private, in agreement with the majority shareholder Della Valle family. See catwalkTod’s – Fall-Winter2023 – Womenswear – Milan The private … Read more

Tod’s sales in 2023 increase on growth across all regions, brands

Italy’s Tod’s Group said revenues grew 11.9% to 1.12 billion euros for the full-year ending December 31, with Greater China and Japan noted as star performers in 2023. See catwalkTod’s – Fall-Winter2023 – Womenswear – Milan The owner of Tod’s and Roger Vivier brands said group sales in Greater China surged 24.2% to 356.7 euros … Read more

Schiaparelli stages sensational show, amid rumors of an acquisition

Is LVMH about to buy Schiaparelli, which opened the Paris haute couture season with a sensational Texan-tinted and celestial-inspired show attended by Jennifer Lopez and Zendaya?  Schiaparelli AW Couture 2024/2025 – FNW There had been rumors that Schiaparelli’s owner, Italian luxury baron Diego Della Valle might be mulling a sale, now that its couturier Daniel … Read more