Compared to the same period in 2021, sales in the Chinese market for the first nine months still achieved double-digit growth.

The Chinese market saw a significant year-on-year increase of 29% to €88.6 million, accounting for 32.8% of Tod’s Group’s total revenue, making it the largest market for the group.

On March 14 after the financial report was released, the stock of Tod’s Group rose accordingly. As of the close, the stock price rose by 7.02% to 36.28 euros compared with the previous trading day.

The growth, in fact, was driven by the retail channel and the Tod’s brand, which recorded excellent results in all product categories.