MILAN — Two days after the U.S. election, the topic was naturally on the plate as Safilo Group’s management discussed the performance of the Italian eyewear company in the first nine months of the year. The end of the Jimmy Choo license, announced last year, and a soft trend in North America and Asia in … Read more
MILAN — The resilience of the European market amid adverse weather conditions, the performance of its Carrera and David Beckham licenses and improved North America sales bolstered Safilo Group even as sales declined in the first half. The Padua, Italy-based group said Thursday that revenues fell to 532 million euros, down 3.3 percent from 550.1 … Read more
On Wednesday evening in New York, Marc Jacobs and Safilo Group will introduce “The Sunglasses” eyewear collection for fall. Enriching the contemporary line of Marc Jacobs eyewear, “The Sunglasses” are the first eyewear pieces introduced in Jacobs’ successful “The” Items collection (i.e., The Totebag), which was introduced in 2019 and now comprises a huge assortment … 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
