Tod's 9-month apparel sales rise 16% in 2005

14 Nov '05

3 min read

Revenues from shoes, which represented 63.2 percent of the Group's turnover as of September 30th, 2005, increased by 17.0 percent (17.9 percent at constant exchange rates). The figures of the period confirm the outstanding performance of leather goods and accessories, whose revenues increased by 30.5 percent (33 percent at constant exchange rates), fuelled by the continuous widening of the offer of products consistent with the philosophy of the brands.

As of September 30th, 2005, this category globally represented 20.5 percent of the Group's turnover, with a strong improvement as compared to the corresponding figure of the previous year (18.7 percent).

Finally, sales from apparel grew by 16 percent in the first nine months of 2005 and represented 16.1 percent of consolidated revenues as of September 30th, 2005.

Sales figures for the first nine months of 2005 confirm the outstanding results achieved by the Group in all the markets where it operates.

In details, revenues increased by 18.8 percent in Italy and by 17.5 percent in the rest of Europe (the foreign currency impact on sales in this area was not significant). Also the US market showed positive signals; the Group's revenues increased by 11.8 percent at constant rates.

Finally, the Asian markets confirm their excellent performance: in this area, sales grew by 43.5 percent at constant rates in the first nine months of 2005. As of September 30th, 2005, revenues on the Asian markets represented 12.9 percent of the Group's turnover, showing a strong increase as compared to the corresponding figure of the previous year (11 percent).

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