Safilo’s Q1 net sales drop 3.5% but Europe is strong

Translated by Nicola Mira Published May 8, 2024 In Q1 2024, net sales for Italian eyewear group Safilo were €277.2 million, down 1.8% at constant exchange rates and 3.5% at current rates. This was chiefly due to a sales downturn for Jimmy Choo (whose licence wasn’t renewed at the end of December 2023, and will … Read more

Safilo transforms time-limited David Beckham license into forever deal

Authentic Brands Group and eyewear giant Safilo are clearly pleased with the performance of their license deal for David Beckham eyewear so far as they’ve just signed a “perpetual license agreement”. safilogroup.com It replaces the previous contract that was due to expire at the end of 2030.  Under the new deal, Safilo will continue to … Read more

Safilo, Marc Jacobs extend global licensing agreement until 2031

Safilo Group and Marc Jacobs announced on Wednesday the early renewal of their multi-year global licensing agreement for Marc Jacobs branded eyewear.  Safilo, Marc Jacobs extend global licensing agreement until 2031. – Marc Jacobs Under the new agreement, the terms will now be extended until December 2031.  Marc Jacobs International CEO, Eric Marechalle, said: “We look … Read more

Safilo posts 76% drop in FY net profit on higher revaluations

Italian eyewear group Safilo said on Thursday its full-year adjusted net result dropped by 76% on a yearly basis due to the accounting effect of the valuations of options of non-controlling interests, as well as higher financial charges tied to rising interest rates. Hugo Boss The firm, which makes eyewear for brands including Hugo Boss … Read more

Safilo and Hugo Boss extend eyewear licensing deal to 2030

Italian eyewear maker Safilo on Thursday announced the renewal of its licensing deal with German fashion house Hugo Boss until the end of 2030. See catwalkBoss – Spring-Summer2023 – Womenswear – Miami The partnership covers the manufacturing and distribution of the luxury firm’s Boss and Hugo brands’ glasses and sunglasses for the next seven years.​“We … Read more