In a recent interview with the Financial Times Luxury Summit, Diego Della Valle, the founder and chairman of Tod’s, expressed his deep admiration for Bernard Arnault, the CEO of LVMH. Della Valle went as far as to say that if he ever decided to sell his company, he would choose Arnault and his conglomerate as the preferred buyer.

The interview came after LVMH raised its stake in Tod’s to 10%, which Della Valle saw as a clear sign of their mutual interest in continuing their partnership. He emphasized that both companies would be open to exploring potential collaborations if the right opportunity presented itself.

When directly questioned about the possibility of Tod’s being sold to LVMH, Della Valle responded with confidence in Arnault, stating that he believed in people like him. However, he made it clear that neither he nor his family had immediate plans to sell Tod’s.

Della Valle further reinforced his preference for Arnault when pressed on the matter, stating that if he were to sell someday, he would choose Arnault without a doubt.

While this statement highlights the strong relationship between Tod’s and LVMH and suggests the possibility of a future acquisition, it is important to note that no concrete plans currently exist for such a transaction.

Tod’s has been a prominent player in the fashion industry for decades, renowned for its high-quality leather goods and luxury accessories. Della Valle’s mention of a potential partnership with LVMH demonstrates the company’s willingness to adapt and collaborate with other industry leaders.

On the other hand, LVMH is a powerhouse in the luxury goods sector, boasting renowned brands like Louis Vuitton, Dior, and Fendi in its portfolio. A potential acquisition of Tod’s by LVMH could strengthen its position in the market and open up new growth opportunities.

However, it is crucial to remember that Della Valle’s admiration for Arnault and LVMH does not guarantee a future sale. Speculation aside, the fashion industry is constantly evolving, and collaborations and partnerships among luxury brands are becoming increasingly common.

Only time will reveal whether Tod’s and LVMH will embark on a new chapter together. For now, Della Valle’s remarks offer a glimpse into the potential future of these esteemed entities.

Useful links:
1. Tod’s official website
2. LVMH official website