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Search resuls for: "Tod's"


9 mentions found


☆ Disney agrees to settle Florida lawsuit with special district backed by DeSantis
  + stars: | 2024-03-27 | by ( Dan Mangan | ) www.cnbc.com   time to read: +3 min
Central Florida Tourism Oversight District board chairman Martin Garcia, right, delivers remarks as Florida Gov. Ron DeSantis listens during a news conference at CFTOD headquarters at Walt Disney World on Thursday, Feb. 22, 2024, in Lake Buena Vista, Florida. Disney agreed Wednesday to end litigation in state court involving a Florida special tourism district that the entertainment giant effectively controlled for more than five decades until last year after Gov. The lawsuit was originally filed in state court by the Central Florida Tourism Oversight District to void agreements the old district board had signed with Disney right before it was dissolved at DeSantis' behest after Disney opposed Florida's "Don't Say Gay" bill backed by the governor. Walt Disney World President Jeff Vahle, in a statement, said "We are pleased to put an end to all litigation pending in state court in Florida between Disney and the Central Florida Tourism Oversight District.
Persons: Martin Garcia, Ron DeSantis, Disney, Jeff Vahle, Vahle, DeSantis Organizations: Florida Gov, Walt Disney, Disney, Gov, Central, DeSantis, Republican Locations: Florida, Lake Buena Vista , Florida, Orlando, Central Florida
☆ After a tough quarter for the global luxury sector, UBS reveals the 3 stocks to buy for 2024
  + stars: | 2023-11-24 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +2 min
Investors looking ahead to 2024 should pick up shares of Hermes , Cartier owner Richemont and Hugo Boss in the luxury goods sector, according to UBS. The Swiss investment bank has a bullish call on those three stocks, though it struck a more cautious tone for the sector. RMS-FR CFR-CH,BOSS-DE YTD line UBS has a price target of 85 euros ($93) a share for Hugo Boss, which points to a 38% upside from the current share price. The Swiss bank also raised its price target for Hermes to 2,216 euros, which is 12% above its current share price. The outlook for the three stocks contrasts with UBS' view that slowing sales momentum and easing pricing power warrant caution on the luxury sector on the whole.
Persons: Cartier, Richemont, Hugo Boss, Zuzanna Pusz, Hermes Organizations: Hermes, UBS, Amundi, CFR, Burberry, EssilorLuxottica, Swatch, Tod's Locations: Swiss
☆ Rome moves to clear rats out of Colosseum area
  + stars: | 2023-08-26 | by ( ) www.reuters.com   time to read: +2 min
View of the Colosseum dungeons which have been restored in a multi-million euro project sponsored by fashion group Tod's in Rome, Italy, June 24 2021. The operation will continue next week, the city government said in a statement, cleaning up the green areas surrounding the Colosseum, the drains where the rats are commonplace, and laying traps. There are around 7 million rats in the city, the statement said, or 2.5 for every inhabitant. City hall issued photos of cleaning staff collecting heaps of plastic water bottles, drink cans and other debris against the backdrop of an illuminated Colosseum. Built 2,000 years ago, the Colosseum was the biggest amphitheatre in the Roman empire and was used to host gladiator fights, executions and animal hunts.
Persons: Remo Casilli, Sabrina Alfonsi, Alfonsi, Gavin Jones, Alvise Armellini, David Holmes Organizations: REUTERS, Rights, Thomson Locations: Rome, Italy, Rome's
☆ Tod's creative director Walter Chiapponi to step down
  + stars: | 2023-07-12 | by ( ) www.reuters.com   time to read: +1 min
[1/2] The logo of Tod's is seen in a shop in downtown Rome, Italy February 10, 2016. REUTERS/Tony Gentile/File PhotoMILAN, July 12 (Reuters) - Italian luxury fashion group Tod's (TOD.MI) said on Wednesday that creative director Walter Chiapponi was leaving the company "by mutual agreement" after four years. Chiapponi will present his last Tod's Spring Summer 2024 women's collection in September at the Milan Fashion Week, the group said in a statement. Tod's did not name a replacement but said that a "new creative direction" would be announced in the coming months. The designer's departure was first reported by Women's Wear Daily (WWD) on Wednesday, citing unnamed sources.
Persons: Tony Gentile, MILAN, Walter Chiapponi, Chiapponi, Tod's, Women's, Walter, Diego Della Valle, Fay, Hogan, Roger Vivier, Elisa Anzolin, Keith Weir Organizations: REUTERS, Milan, Tod's, Thomson Locations: Rome, Italy
☆ Italian fashion group Tod's sales jump in Q1, beating expectations
  + stars: | 2023-05-10 | by ( ) www.reuters.com   time to read: +2 min
[1/3] Shoes of Italian luxury shoemaker Tod's are displayed in the window of the company's store in Zurich, Switzerland, April 25, 2019. REUTERS/Arnd Wiegmann/File PhotoMILAN, May 10 (Reuters) - Sales at Italian fashion group Tod's (TOD.MI) rose by 23% in the first quarter of the year, beating analysts' forecasts thanks to a strong performance in China and despite moderate growth in the Americas. "Considering the good sales trends we experienced in April and the excellent orders' backlog for the winter collections, I'm confident about the group's future results," said Tod's Chairman and CEO Diego Della Valle. In the United States sales rose 6.6%. Tod's CFO said he is confident of achieving the consensus sales figure for the year, currently at 1.1 billion euros.
☆ Milan Fashion: Gucci revisits past to pave new way, sober looks at Tod's
  + stars: | 2023-02-24 | by ( ) www.reuters.com   time to read: +3 min
[1/2] A model presents a creation from the Gucci Fall/Winter 2023/2024 collection during Fashion Week in Milan, Italy, February 24, 2023. One model wore a crumpled shirt tucked into a miniskirt, others were dressed in coats with voluminous shoulders. At Tod's (TOD.MI), creative director Walter Chiapponi offered a sober collection in earthy tones that played with tailoring. Models wore pea coats as well as long oversized coats, and also appeared in parkas and cropped aviator and elongated bomber jackets. Reporting by Marie-Louise Gumuchian in London and Elisa Anzolin in Milan Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
☆ Atlantia exit highlights Milan's battle to retain market heavyweights
  + stars: | 2022-11-25 | by ( Elisa Anzolin | Hadeel Al Sayegh | ) www.reuters.com   time to read: +4 min
snapshotFEW NEWCOMERSOn the plus side, four companies joined the main Euronext Milan market this year, including truckmaker Iveco (IVG.MI), which was the result of a spin off. The situation is healthier for Euronext Growth Milan itself, a market dedicated to small and medium-sized enterprises with minimum access requirements. Over the past 20 years, the main market has lost 268 listed companies and gained only 185, according to Intermonte research published in March. In contrast, the less regulated SME market has attracted 263 listed companies and seen 68 delistings. CULTURAL ISSUEThe fact that there are relatively few listed companies has its roots in the country's history, said Andrea Beltratti, professor of Political Economy at Milan's Bocconi University.
☆ Animal bones, ancient Romans' snack food found in Colosseum
  + stars: | 2022-11-24 | by ( ) www.reuters.com   time to read: +1 min
[1/3] View of the Colosseum dungeons which have been restored in a multi-million euro project sponsored by fashion group Tod's in Rome, Italy, June 24 2021. Picture taken June 24 2021. REUTERS/Remo Casilli/File PhotoROME, Nov 24 (Reuters) - A year-long study of the drainage system under the Colosseum has unearthed fragments of the bones of bears and big cats that were probably used to fight or as prey in hunting games in the ancient Roman arena, archaeologists said on Thursday. Alfonsina Russo, Director of the Colosseum Archaeological Park, said the discoveries "deepen our understanding of the experience and habits of those who came to this place during the long days dedicated to the performances". Writing by Keith Weir Editing by Alvise Armellini and Gareth JonesOur Standards: The Thomson Reuters Trust Principles.
☆ Della Valle family fails to reach 90% Tod's target as offer closes
  + stars: | 2022-10-25 | by ( ) www.reuters.com   time to read: +1 min
MILAN, Oct 25 (Reuters) - The Della Valle family failed to reach the 90% ownership threshold needed to proceed with a proposed delisting of luxury shoemaker Tod's (TOD.MI) under their buyout bid, a Borsa Italiana filing showed on Tuesday. On the last day available for the offer, investors tendered Tod's shares accounting for a total of 4,134,358 shares. According to Reuters calculations, the Della Valles, who own 64.5% of the company, needed to gain the acceptance of 5,144,373 shares to reach the 90% threshold in their effort to take the company private. The Della Valle family has stated it could delist Tod's by merging it into DeVa Finance within six months of the closing of the takeover bid. Tod's shares ended down 2.4% at 39.6 euros, underperforming Milan's all-share index (.FTITLMS) which ended up 1.5%.
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