Tod's to See Benefits from New Management in Second Half

MILAN, Italy — Italian luxury group Tod’s said on Wednesday results from the company’s new management team would be visible staring from the second part of the year, though admitting 2018 will be a “year of transition.”

The group, known for its leather goods and Gommino loafers, said preliminary sales for 2017 were 963.3 million euros (843.40 million pounds), in line with a Thomson Reuters analyst consensus of 965 billion euros.

Revenue was down 4.1 perce…
The Business of Fashion

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