HOGAN news and archive

Tod’s sales increase 12 percent in FY23

In fiscal year 2023, Tod’s Group preliminary consolidated sales were 1,126.7 million euros, up 11.9 percent against FY 2022. At constant exchange rates, the group's revenues would amount to 1,147.5 million euros, up 14 percent. These figures imply a growth of 7.5 percent in the fourth quarter, at constant rates, driven by the retail channel...

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Business

Tod’s posts widening H1 profits as sales jump

Italian luxury group Tod’s has reported a 21.7 percent jump in revenue and improved profitability in the first half of the year. Group sales increased to 569.1 million euros in the first six months of the year, while its net profit widened to 30.9 million euros from 0.8 million euros. Breaking it down by brand, sales at the group’s namesake...

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Business

Tod’s reports strong Q1 sales amid Greater China recovery

Luxury Italian group Tod’s has reported a strong increase in sales in the first quarter amid a “sudden recovery” in Greater China where sales had been hit in recent years by prolonged Covid restrictions. The group made sales of 270.5 million euros in the three months to March 31, up 23.2 percent from 219.6 million euros a year earlier. That came...

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Business

Tod's swings to H1 profit as revenue surpasses pre-pandemic levels

Italian luxury group Tod’s has swung to a first-half profit as its revenue surpassed pre-pandemic levels from 2019. In the six months to June 30, consolidated sales came in at 467.5 million euros, up 17 percent from the prior year period. Breaking it down by brand, sales at the group’s namesake label were up 24 percent to 233.5 million euros, at...

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Fashion

Hogan to debut virtual store and NFT drop at Metaverse Fashion Week

Italian luxury brand Hogan is taking part in Decentraland's Metaverse Fashion Week, running from March 24 to 27, with a virtual pop-up store and the brand’s first NFT drop. Hogan is teaming up with Exclusible, the marketplace for luxury NFTs and upscale metaverse activations, to debut the ‘Hogan Untraditional NFT Collection,’ which is described...

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Business

Tod's reports strong H1 sales, narrows losses

Luxury Italian group Tod’s has reported a 55.1 percent increase in sales in the first half of the year as its losses narrowed. The group, which as well as its namesake label also owns brands Fay, Hogan and Roger Vivier, saw sales increase to 398.4 million euros in the six months to June 30 compared to 256.9 million euros a year earlier. But that...