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Tod’s narrows full-year net loss on strong sales

Luxury Italian group Tod’s managed to significantly narrow its net loss in fiscal 2021 as sales neared pre-pandemic levels. The company made consolidated sales of 883.8 million euros in 2021, up 38.7 percent from a year earlier and just 3.5 percent below 2019 levels. Sales improved as the year progressed, with growth in the fourth quarter of...