
Eyewear giant Safilo has reported that sales in the first quarter rose 20% at constant exchange rates to reach €251.4 million. Online sales, new licenses and the US and China all boosted the company.
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Eyewear giant Safilo has reported that sales in the first quarter rose 20% at constant exchange rates to reach €251.4 million. Online sales, new licenses and the US and China all boosted the company.
Safilo announced on Tuesday that it has struck a global eyewear license deal with the DSquared2 label with the company to make eyewear for Dean and Dan Caten’s brand for the next five years.
Eyewear giant Safilo has reported Q4 and full-year results and in the light of the pandemic, the figures look good. It managed a Q4 sales rise and adjusted EBITDA also rose, even though the full year was loss-making.
The Italian luxe label is being relaunched, and has strengthened its senior management team with the arrival of a new head of marketing, Antonella Leoni, formerly in charge of communications at eyewear group Safilo.
Losses widened at Victoria Beckham’s fashion company, despite rising sales, in the year before the pandemic as it invested in its beauty launch, results due to be filed at Companies House have shown.
Martino Boselli is joining Benetton Group as head of the new Commercial & Sales Department of the United Colors of Benetton.
Eyewear giant Safilo’s Q3 results on Wednesday showed growth in net sales and profitability that was “led by the rebound of North America and a surging online business”.
Italian eyewear group Safilo has renewed its licence with French luxury brand Pierre Cardin until December 31, 2026.
Eyewear giant Safilo is seeing a sales recovery with expectations of revenue at constant exchange rates being higher in the latest quarter than a year ago.
LVMH-owned Rimowa is launching a sunglasses line produced and distributed by Thélios, the joint venture between the luxury giant and eyewear manufacturer Marcolin, which is soon set to unveil Dior’s new eyewear line.