Tod’s Group to spin off Hogan brand through an IPO
Tod’s Group (Tod’s, Roger Vivier, Fay) may spin off its affordable luxury positioned label Hogan on the stock market. he Italian luxury group evoked its own growth in terms of retail, international sales and leatherwear, while confirming 15 store openings per year primarily for Tod’s, Hogan and Roger Vivier.
The group is also continuing along with plans to transform the footwear label Tod’s into a lifestyle brand with the hiring of Alessandra Facchinetti as creative director for ready-to-wear collections and Andrea Incontri for menswear.
The group’s management is also confident about Hogan’s potential abroad and in terms of e-commerce. And so, the group’s chairman, Diego Della Valle, has not ruled out a spinoff of the brand “in the distant future”, probably within the next 2-3 years in order to achieve “a better valuation.”