* 9-mo revenues 609.1 mln eur, up 9 pct yr/yr
* Says had double-digit sales growth in Q3
* Sees excellent results in 2011
* Shares up 1 pct, hit fresh all-time high
(Adds details, quotes, shares)
MILAN, Nov 11 Italian luxury leather goods maker
Tod's (TOD.MI) said it expected a pick-up in third-quarter sales
of its loafers and handbags to continue into the final part of
the year, boosting its shares to an all-time high.
The world's fourth-biggest shoemaker by market value, which
includes the Fay, Hogan, and Roger Vivier brands, reported on
Thursday double-digit percentage growth in all markets where it
is present, led by a 20.5 percent rise in Europe.
Shares in Tod's extended a recent rally, reaching an
all-time high of 75.44 euros. They were up 1 percent at 1612
GMT, outperforming a 0.9 percent fall in Milan's broader index
The acceleration in sales was due to the success of Tod's
autumn-winter collection, the company said.
"I am confident that we can post good results also in the
final quarter of the year," Chairman and Chief Executive Diego
Della Valle said.
"Based on the orders for the forthcoming summer collections,
I believe our group will be able to turn in excellent results
also in the next financial year," he added.
Sales in the U.S., where Tod's has potential to grow after
Della Valle became the top shareholder in retail giant Saks
SKS.N last month, were up 13.5 percent in the third quarter.
Della Valle's stake-building in Saks, in which he now has a
19.05 percent stake, has sparked speculation of a takeover.
Della Valle told Reuters in an interview on Wednesday he was
not currently planning to raise his stake. [ID:nLDE6A91EY]
(Reporting by Lisa Jucca; Editing by Will Waterman)