MILAN — Roberto Lorenzini is to step down as Tod’s Group chief executive officer of the Americas.
The decision has been taken in mutual agreement with the owners of the Italian group, the Della Valle family.
“It has been an incredible honor to lead this organization for more than a decade,” Lorenzini stated. “I am proud of what we have accomplished together — from showing resilience during challenging times to introducing new ways of growing the business. With this talented team in place and a clear direction ahead, I am confident the company is well-positioned for the future. I would also like to express my heartfelt gratitude to the Della Valle family for entrusting me with this responsibility and for their constant support throughout these years.”
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In a statement, the Italian group praised Lorenzini, as he “contributed significantly to the company’s growth in the U.S., building a strong team, guiding the organization through key milestones and navigating challenges such as the pandemic.”
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In addition, “more recently, he supported the launch of an innovative business model designed to strengthen partnerships with major wholesale clients — an initiative that boosted sales performance and reinforced the long-term positioning of the brands.”
Lorenzini joined Tod’s in January 2012, overseeing the Tod’s, Roger Vivier and Fay brands and succeeding Marco Giacometti, who was appointed global manager of e-commerce for Tod’s Group.
Prior to Tod’s, Lorenzini was commercial director at Middle East luxury retail operator Etoile Group, and before that, president and CEO of Sixty USA and president and chief operating officer of Versace USA. Earlier in his career, Lorenzini held positions at Fendi, PricewaterhouseCoopers and Deloitte & Touche.
Tod’s did not specify when Lorenzini will exit, adding that “to ensure continuity and sustained momentum in the region,” the executive “will continue to support the company in an advisory capacity during this transition” as a successor takes up the position.
As per the latest figures available, before the group delisted from the Italian Stock Exchange, in 2023 revenues in the Americas amounted to 85 million euros, up 3.5 percent on 2022. This represented 7.6 percent of total sales of 1.12 billion euros.
In September last year, John Galantic, previously president and chief operating officer of Chanel Inc., was named Tod’s Group CEO.
Diego Della Valle, who held this role before, remained chairman and his brother Andrea vice chairman.