After Seoul and Shanghai, Gentle Monster‘s experimental retail concept Haus Nowhere has landed in Shenzhen, China‘s southern technology hub. Located at the upscale MixC World, spanning about 75,350 square feet and three floors, the project is one of the South Korean eyewear brand’s largest to date. The theme for the department store-like project is “Insect … Read more
COPENHAGEN — Copenhagen Fashion Week has built a reputation as the fifth fashion capital — the sustainable one — but even it isn’t immune from brand closures and the luxury slowdown. The country’s oldest clothing brand Brandtex from 1935 folded this year and was then quickly rescued by Godske Group A/S. Two other major Danish … Read more
MILAN – In a surprise move, giant eyewear group EssilorLuxottica said Wednesday it had reached an agreement with VF Corporation to acquire the Supreme brand for $1.5 billion in cash. “We see an incredible opportunity in bringing an iconic brand like Supreme into our company,” said Francesco Milleri, chairman and CEO of EssilorLuxottica, in a … Read more
Revo has signed a deal to become an official partner of U.S. Sailing, the national governing body of sailing, and will outfit both U.S. Sailing and the U.S. Sailing Team with eyewear as the team competes internationally. Revo is the 16th company to sign on as partners with the organization in the past 18 months. … Read more
MILAN — Marcolin is reaping the rewards of the strategy set in motion over the past few years, according to chief executive officer and general manager Fabrizio Curci. Commenting on the Italian eyewear company’s growth in sales and profits, Curci said “we faced these years of great complexity with a clear vision and well-defined objectives, … Read more
MILAN — Safilo Group‘s adjusted net profit plunged 76 percent to 14 million euros in 2023, as the company was hit by higher charges due to rising interest rates. In a statement released Thursday, the company said net financial charges increased to 19.2 million euros in 2023 from 15.5 million euros in 2022. The group also … Read more
MILAN – Geox SpA named a new chief executive officer Friday on the heels of reporting a 2.2 percent dip in revenues for the fiscal 2023 to 720 million euros. Enrico Mistron is joining the publicly listed player in the CEO role, replacing Livio Libralesso who stayed at the helm for four years. Mistron had … Read more
