Tod’s has picked a luxury expert with a strong track record in the American continent to spearhead this strategic market. The high-end Italian footwear label has appointed Marco Felci as CEO Americas. He assumed his new role on September 15. He succeeds Roberto Lorenzini, who resigned from the post last week, after 14 years with Tod’s. Felci has been poached from Dolce & Gabbana, where he was executive vice-president commercial, wholesale and retail, based in New York.

“Thanks to his in-depth knowledge of the American market and his proven leadership ability in luxury goods retail, Marco will play a key role in deploying the group’s strategy and in boosting the brand’s expansion throughout the region,” said Tod’s in a press release. Felci’s appointment marks a new stage in the group’s strategic journey following John Galantic’s appointment as group CEO. At the end of 2024, Galantic took over in the role from founder Diego Della Valle, who is still the group’s president.

Felci has been active in the luxury sector for over 20 years, working for various leading fashion labels, mostly in the USA. He began his business career in 2004, when he joined Hermès in Italy as retail manager, before moving to Loro Piana as US sales manager.

After that, Felci assumed increasingly senior roles at the US subsidiaries of several different labels. He was head of wholesale at Lanvin, vice-president in charge of wholesale at Versace, CEO Americas at Sergio Rossi and later Etro, before joining Dolce & Gabbana in 2023.

Felci’s experience will be crucial in helping the Tod’s group, owner of Tod’s, Roger Vivier, Hogan and Fay, grow on the American market, which currently accounts for only 7.6% of total revenue. The group reported a revenue of €1.12 billion in 2023. It was the last fiscal year for which Tod’s published its financial results, having since de-listed. At the time, the group’s revenue in the Americas region was €85 million, up 3.5% over fiscal 2022.