Safilo's shares rose more than 14% on Monday after the Italian eyewear group signed a multi-year licensing deal with Chiara Ferragni to design, make and distribute the first eyewear collection under her brand.
Chiara Ferragni is one of the biggest influencers globally and now Safilo is set to tap into that with the eyewear giant having signed a new deal with the blogger-turned-entrepreneur. Its her first move in eyewear.
Italy's data protection authority said on Friday it has asked Facebook to provide clarifications over the social media giant's newly launched smart glasses to assess whether the product is compliant with privacy laws.
How good were Inspecs results for the half-year to 30 June? Sales jumped to $125.7 million from just $16.7 million, core earnings rose to $17.7 million from $0.7 million and pre-tax loss was cut to $2.6m from $8.3m.
Fresh from news of its link up with Secret Sales, on Tuesday Ted Baker issued a Q2 trading update and said that sales have been in line with expectations and it's seen a “significant improvement” in the full-price mix.
The DTC glasses specialist is taking its first step into physical retail through a collaboration with the regional supermarket chain, which will see the brand open kiosks in select Hy-Vee locations across the Midwest.
Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann.