Dalla Valle said in a statement that the deal “may represent an excellent reason to consider further opportunities to be taken in the future ahead.” He did not provide details.
The Tod’s deal got more expensive after the Italian group added popular social influencer and brand founder Chiara Ferragni to its board earlier this month, boosting shares by 12% as it signaled its intent to target younger buyers.
Beside the Tod’s luxury footwear and fashion brand, the group also owns Hogan, Fay and Roger Vivier.
LVMH brands include Christian Dior, Fenty and Tiffany & Co.
The pandemic has knocked the bottom out of luxury sales, but analysts say it also provides an opportunity for mergers and acquisitions to strengthen those poised to relaunch as economies rebound.