Tod's Group Embarks on a New Chapter: Going Private in a Strategic Move with L Catterton

Tod's Group has announced a significant move to go private in collaboration with the private equity firm L Catterton, marking an end to its public listing on the Euronext Milan stock exchange. This strategic decision involves L Catterton acquiring a 36% stake in Tod's for €512 million, with the Della Valle family retaining majority ownership at 54%. LVMH, holding a 10% stake, will continue its investment in the brand. This transition reflects Tod's strategic focus on long-term growth and development, leveraging L Catterton's luxury market expertise.

With revenues of €1.12 billion in fiscal year 2023, an 11.9% increase over the previous year, Tod's is poised for future success. The brand aims to benefit from greater operational flexibility and innovation potential, away from the pressures of the stock market. This move comes ahead of Matteo Tamburini's debut collection for Tod's at Milan Fashion Week, signaling a new creative direction for the luxury group.

#TodsGroup, #LuxuryFashion, #GoingPrivate, #LCatterton, #ItalianLuxury, #FashionIndustry, #StrategicMove, #LuxuryBrands, #InvestmentNews, #MilanFashionWeek

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