Earnings release
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Milan - November 10th , 2021 ● ● In the first 9 months of 2021 turnover grew by 37.6 % compared to 2020 ( -6.9 % vs 2019 ) In the third quarter sales were higher than in 2019 Strong growth of the e - commerce channel Excellent result for Roger Vivier : + 51.4 % vs 2020 and + 14.2 % vs 2019 The Board of Directors approved Tod's Group sales results for the first nine months of 2021 Umberto Macchi di Cellere leaves the Board of Directors Approval of the financial calendar for the year 2022 The Board of Directors of Tod's S.p.A. , the Italian company listed on the Milan Stock Exchange and holding of the luxury goods group of the same name operating in luxury and quality shoes , accessories and apparel with the Tod's , Roger Vivier , Hogan and Fay brands , today approved the Group's sales results for the first nine months of 2021 ( January 1st – September 30th , 2021 ) . Message of the Group's Chairman and CEO Diego Della Valle , Chairman and CEO of the Group , commented as follows : " The revenues of the third quarter confirmed the trend of improvement that we have begun to register for some time . We are particularly pleased to see that , in the quarter , retail revenues exceeded the values of 2019 and that the month of October is confirming this acceleration in sales results . All brands are progressing well and are increasingly appreciated by our customers in all regions worldwide . The collections currently in stores capture the attention of consumers for their quality , their modernity and their unmistakable Italian Lifestyle . The Chinese market is growing and continues to give us excellent results and , thanks to local customers in individual countries , we are also enjoying good success throughout the rest of the world . The growth of the e - commerce channel is very important and is giving excellent results , thanks to the investments made . Our production sites are well organized in order to face the growing demand for products , guaranteeing the highest possible quality . Our focus now is on structuring ourselves better and more and more with regards to the communication strategy and in adopting all the necessary actions to ensure the highest positioning of our brands . TOD'S S.P.A. - SHARE CAPITAL EURO 66 , 187,078 ENTIRELY PAID - REGISTERED OFFICE : SANT'ELPIDIO A MARE ( FM ) -VIA FILIPPO DELLA VALLE N. I FISCAL CODE AND REGISTRATION NUMBER WITH THE FERMO REGISTER : 01113570442 - CORPORATE WEBSITE : www.todsgroup.com