Safilo news and archive

Safilo and Levi Strauss & Co sign eyewear licensing agreement

Safilo Group has added one more brand to its licensing portfolio: Levi’s. The eyewear giant, which makes sunglasses and prescription glasses for brands like Dior, Banana Republic, Kate Spade and Moschino, has scored a global licensing agreement to design, manufacture and distribute glasses for Levi Strauss & Co. The contract goes until November...

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Safilo appoints Andrea Zaffin as Commercial Head IMEA

Safilo, the designer, manufacturer and distributor of eyewear has appointed Andrea Zaffin as Commercial Head IMEA, effective January 2019. In his role, the company said, Zaffin based in Dubai, will spearhead the company’s business in India, Middle East and South Africa and will report to Angelo Trocchia, Safilo Group’s CEO. “We welcome Andrea...

Video

Video: The making of Safilo glasses, the manufacturer behind Dior, Fendi and Givenchy

Learn about the manufacturing process of Safilo glasses, whose portfolio of brands includes Tommy Hilfiger, Fendi, Dior, Boss, Elie Saab, Givenchy and Havaianas. Source: Youtube, The Spectacle Factory Ltd

Fashion

Tommy Hilfiger and Safilo renew license agreement until 2025

Tommy Hilfiger renewed its license agreement with Safilo, a world leader in the distribution, design and manufacture of glasses. This extends the partnership between the American, PVH-owned brand and the Italian company through December 31, 2025. Due to this global agreement, Safilo will continue to make exclusive designs, manufacturing and...

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Safilo signs multi-year licensing agreement with Missoni

Safilo and Italian fashion brand Missoni have announced their new five-year global eyewear licensing agreements for Missoni and M Missoni, renewable at the same conditions up to 2029. The companies said in a statement that new Missoni and M Missoni eyewear collections will hit the market in January 2020. “The Missoni and M Missoni brands are...

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Safilo appoints Digital Transformation Director

Safilo has appointed Andrea Bulgarelli as Digital Transformation Director. In his role, the company said, Bulgarelli will lead Safilo’s ecommerce program, as part of the direct-to-consumer corporate strategy and will report to Angelo Trocchia, Group’s CEO. He will be based in Padua. “Digital is at the core of our growth and development strategy,...

ManagementFeatured

Safilo Q3 net sales decline 9 percent

Safilo Group S.p.A. said in a statement that the company closed the third quarter of 2018 with total net sales of 221.5 million euros (252 million dollars), down 9 percent at current exchange and 8.4 percent at constant exchange rates. The company added that business trends in North America and Europe remained soft, similar to those reported in...

Management

Safilo reports 4.3 percent net sales decline in H1

In the first half of 2018, Safilo Spa said in a statement that the performance reflected the decline of the European sunglass sales in Q2 and the continuing weakness of the business in North America, while growth in emerging markets and in the prescription eyewear business were positive highlights. Net sales of 492.2 million euros (570 million...

Management

Safilo FY17 revenue fall 16.4 percent on Gucci license change

Safilo Group S.p.A. has said that its total net sales reached 1,047 million euros (1,295 million dollars) in 2017, contracting by 194 million euros (240 million dollars) or 15.5 percent at constant currency and by 16.4 percent at current exchange compared to 2016 driven by the change of the Gucci license into a supply agreement, representing a...

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End of Gucci license negatively impacts Safilo sales

In its preliminary results announcement for the year ended December 31, 2017, Safilo Group S.p.A. said that sales were 1,047 million euros (1,303 million dollars) for the year and declined by 194 million euros (241 million dollars) at constant currency compared to 2016. Safilo expects profitability for the year to be impacted by the larger...

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Safilo and Rebecca Minkoff sign eyewear licensing agreement

Safilo and Rebecca Minkoff have announced their new licensing agreement for the design, manufacturing and distribution of the Rebecca Minkoff collections of sunglasses and optical frames for seven years through December 31, 2024. The company added that brand’s first sunglass collection will be launched in the fourth quarter of 2018, followed by...

Business

Safilo Group expands in Belarus and Kazakhstan

Italian eyewear manufacturer Safilo is expanding its global footprint by making its portfolio of brands directly available in two new markets, Belarus and Kazakhstan, as part of its CIS hub led out of Russia. The move, part of the company’s global commercial expansion, which is key in Safilo’s 2020 strategic plan, will see the eyewear...