Shoemaker Tod’s should walk toward a sweeter offer

[ad_1] By Bloomberg Published Feb 12, 2024 Driving-shoe maker Tod’s SpA always looked like a private company, what with the Italian Della Valle family having a majority. Now it soon might be. The founding family is teaming up with L Catterton, the private equity firm backed by LVMH, to buy out the remaining shares, valuing the company at […]

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Tod’s rises 17% on L Catterton bids to help owner’s delisting plan

[ad_1] By Reuters API Published Feb 12, 2024 Shares in Tod’s rose 17.4% on Monday, after private equity firm L Catterton offered to buy 36% of the luxury shoemaker and take it private, in agreement with the Della Valle founding family. Shares rose to 42.7 euros each by 0835 GMT, just below the 43 euros […]

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Giuseppe Zanotti to develop footwear line for New York label Area

[ad_1] Translated by Nicola Mira Published Feb 7, 2024 Giuseppe Zanotti has signed a new licensing deal. The Italian luxury footwear company, renowned for the Giuseppe Zanotti brand, will design, produce and distribute on the wholesale channel, in a “multi-season partnership,” the footwear line of New York label Area, beloved by celebrities and a finalist […]

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