
Italian eyewear group Safilo said its 2017 adjusted core profit was set to halve from a year earlier after fourth-quarter sales dropped more than expected as the loss of its Gucci licence continued to bite.
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Italian eyewear group Safilo said its 2017 adjusted core profit was set to halve from a year earlier after fourth-quarter sales dropped more than expected as the loss of its Gucci licence continued to bite.
Italian eyewear company Safilo has announced the appointment of Andrea Busato as its new commercial head of Latin America. He will take up the new role on 1 February, and will be based in Miami.
The Italian eyewear company moved its headquarters from Parsippany, NJ, its home of 20 years, to Secaucus, NJ. The new office will work in tandem with the company's Fifth Avenue Global Design Studio and Showroom.
The Swiss watch brand has announced the launch, on September 16, of the "Heuer Globetrotter" exhibition which is to be held in ten stores in cities all over the world.
Italian eyewear group Safilo and US retailer JCPenney have renewed for five years their licence deal for the Liz Claiborne eyewear collections, among the best-selling in the USA.
Italy's Safilo, which makes glasses for Boss, Fendi and other fashion brands, reported a steep drop in first quarter net sales after a new IT system at its Padua distribution centre disrupted deliveries.
While high-end watches are still out of reach for most people, the increasing prevalence of deals on the grey watch market highlights the perplexing predicament in which luxury watchmakers now find themselves.
The Muhammad Ali x Bombas collection will feature the late athlete's image and quotes. This marks as the latest partnership for ABG and the Muhammad Ali Estate.
Italian eyewear group Safilo can make up for the potential loss of design-to-distribution deals with French luxury group LVMH with new licences and by expanding its own brands, its chief executive said on Friday.
With the launch of the first Elie Saab eyewear collection, the Italian group is investing in a new, top-end market segment defined as 'Atelier', which also features Safilo's own brand Oxydo.