Italian women’s footwear and accessories brand Tosca Blu is set to turbo-charge its international retail growth. The brand is deploying an international expansion plan that includes entering the Middle East and Asia via a strategy combining franchising and selective distribution.
Mari Sole Ronzoni
“We have recently developed our new retail concept. Our goal is to deploy it into countries such as the UAE, South Korea, Thailand and India. The global geopolitical context is unstable, but the project is set to become operational in 2026,” said Maria Sole Ronzoni, CEO of Tosca Blu, speaking to FashionNetwork.com.
The young businesswoman has recently taken charge of the company founded in the late 90s by her father Giacomo, who passed away in February. Her sister Virginia has assumed the creative director role.
The generational handover has triggered a reorganisation within the company, which is part of the Minoronzoni group. “We have inaugurated a new showroom in Palazzo Serbelloni [in Milan], and we’re working on new marketing strategies,” said Ronzoni.
In 2024, Tosca Blu generated revenue of €12 million, while the Minoronzoni group’s total revenue was €45 million. The brand is targeting annual medium-term growth rates of 5%-10% in Europe, 20% in non-EU markets, and 25% online.
The Italian market accounts for 60% of Tosca Blu’s revenue, while the remaining 40% is generated abroad, with Germany, Portugal, Spain and Russia its main markets. E-tail revenue currently accounts for 10% of the total, and increased by 75% in 2024.
Tosca Blu operates 15 monobrand stores, 10 of which in Italy, as well as several retail corners and partnerships with international e-tailers like Zalando. It is aiming to open three new monobrand stores per year.
A still from Tosca Blu’s Fall/Winter 2025-26 campaign
As well as reorganising the company, Tosca Blu is changing its brand positioning, and is increasingly keen to capture a new generation of consumers. “We’re focusing on a premium-affordable [positioning], without losing sight of Tosca Blu’s identity and history. Our handbags are priced between €150 and €300, while shoes range from €120 to €250,” said Ronzoni.
The company is preparing its next sustainability report. “We have embarked on a restructuring process to meet environmental standards and have greater control over our entire supply chain. We’ve launched a novelty handbag made in recycled material. Our products are mainly made of leather, currently still the greenest material choice possible,” said Ronzoni.
The generational handover has also boosted the brand’s digitalisation efforts. “We have a new e-commerce partner in Filo Blu. Since we started collaborating, we’ve seen very significant revenue growth in this channel. We’ll continue to invest on digital. Technology use is becoming increasingly widespread in young people. Our stores are important, but we want to have a strong online presence,” said Ronzoni.
“We’re a women-led team running a family business and dealing with a host of challenges,” she underlined. To further its message of unity and determination, Tosca Blu has released a campaign for next fall/winter dedicated to contemporary Amazons. “A deliberate choice to convey strength and independence. We have travelled extensively, for our studies and in our profession. We have always been women of the world,” concluded Ronzoni.
Birks announced on Friday a 16.2% uptick in half-year sales to $93.1 million, on the back of the Canadian jeweller’s acquisition of European Boutique, and a strong retail performance.
Birks
The Montreal-based company also logged an increase in third-party branded timepieces across multiple brands for the 26 weeks ending September 27, in addition to gains in sales of Birks branded jewelry and third-party branded jewelry.
Meanwhile, comparable store sales rose 6.3%, attributable to strong sales in all product categories, particularly in third-party branded timepieces, but also in Birks branded jewelry and third-party branded jewelry, the company added.
In light of the strong sales performance, Birks narrowed its earnings loss during the six months to an operating loss of $0.2 million, compared to a reported operating loss of $0.3 million in the prior-year period.
“Our net sales, gross profit and comparable store sales for the first half of Fiscal 2026 are higher than the corresponding period in Fiscal 2025 due in part to the acquisition of the European business but also due to our strong retail performance, which speaks to the strength of our product offerings, both in terms of our Birks branded products and our third-party branded watches and jewelry,” said Niccolò Rossi di Montelera, executive chairman of the board and interim CEO.
“I would like to thank our teams for their dedication and hard work. The growth achieved in the first half of Fiscal 2026 is a testament of our commitment to our customers and I am grateful for the unwavering efforts of all our employees which contributed to these results and the successful integration of the European stores.”
In July, Birks acquired the luxury watch and jewellery business of European Boutique from its founders, the Sutkiewicz family, for a purchase price of $9 million.
NYC-based footwear brand Koio is relaunching The Primo, the high-top sneaker that debuted the brand in 2015, in a limited-edition collaboration with leatherworker and YouTube creator Rose Anvil for its tenth anniversary.
Koio relaunches the Primo with Rose Anvil. – Koio
The updated Primo maintains Koio’s original Italian build standards, with internal upgrades including a full leather Strobel board, leather toe cap and counter, and a gum outsole. The upper is crafted from vegetable-tanned, untreated Vachetta calf leather sourced from Italian tannery Conceria Annarita, allowing the sneaker to naturally darken and develop a unique patina with wear.
“Reintroducing the Primo for our ten-year anniversary is incredibly meaningful,” said Johannes Quodt, co-founder of Koio. “It was the shoe that launched the brand, so bringing it back with Rose Anvil’s technical rigor felt like the right way to honor its legacy. The Vachetta leather will age beautifully, making this one of the most personal and character-rich versions we’ve ever created.”
The Primo first debuted in February 2015 at Koio’s Bowery pop-up, created by the founders as their ideal high-top sneaker. The silhouette remained a core style for five years before the brand shifted focus as its range expanded. Koio continued to receive requests from collectors and longtime customers to bring back the original design, prompting the reissue as part of the brand’s tenth-anniversary celebrations.
“The Primo was already a well-built sneaker, but replacing every internal synthetic component with leather significantly elevates the craftsmanship,” said Weston Kay, Rose Anvil. “Using untreated Vachetta leather means the shoe doesn’t just look good out of the box but it continues to improve over time.”
Koio’s work with Rose Anvil follows the success of their first collaboration—the Koio x Rose Anvil Capri Triple White—which sold out in less than 24 hours.
The limited-edition Primo is priced at $325 and is now available exclusively online.
Victoria’s Secret & Co. on Friday reported better-than-expected sales in the third quarter, prompting the U.S. lingerie giant to raise its full year outlook.
Victoria’s Secret raises full-year outlook on strong Q3. – Victoria’s Secret
The Ohio-based company said sales for the three months ending November 1 totalled $1.472 billion, up 9% from the third quarter of 2024 and above its previously communicated guidance range of $1.390 billion to $1.420 billion. Meanwhile, total comparable sales for the third quarter of 2025 increased 8%.
Victoria’s Secret recouped its earnings, reporting a net loss of $37 million, or $0.46 per diluted share, compared to net loss of $56 million, or $0.71 per diluted share, for the third quarter of 2024.
“With two iconic brands, Victoria’s Secret and Pink, a curated product assortment, high-emotion marketing and a relentless customer focus, we are reinforcing our leadership in global intimates and beauty,” said Victoria’s Secret & Co. CEO, Hillary Super.
“As we continue to advance our Path to Potential strategy, we are accelerating global growth, elevating brand distinctiveness, and unlocking greater value across our ecosystem to drive long-term profitable growth.”
Looking ahead, the company is now forecasting full-year net sales in the range of $6.450 billion to $6.480 billion, compared to prior guidance of $6.330 billion to $6.410 billion for the full year 2025. Adjusted net income per diluted share is estimated to be in the range of $2.40 to $2.65, compared to prior guidance of $1.80 to $2.20.
For the fourth quarter, the company is forecasting net sales to be in the range of $2.170 billion to $2.200 billion compared to last year’s fourth quarter net sales of $2.106 billion.