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Daily News – September 22, 2009

September 22, 2009

WWD is reporting that Diego Della Valle, the Italian entrepreneur and chairman and chief executive officer of Tod’s SpA, has invested in eyewear maker Safilo Group SpA.

Reuters is reporting that while the Swiss watchmaker’s sales figures are still down, they are rebounding slowly:

The value of sales slipped to 843 million Swiss francs ($814 million) in August, falling below 2006 levels. Swiss watch exports have fallen 26 percent to 8.1 billion francs so far this year, the industry body said on Tuesday.


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