- Save article
News briefsSmith with new sales team for German market
After a long-standing and successful sales partnership with three agencies in Germany, eyewear and helmet specialist Smith, part of Safilo Group, is opening the next chapter for the brand in the German market. Therefore, the brand has welcomed Michael Horstmann and Florian Krach to its sales force. A particularly strong ...
- Save article
ArticleDecline in revenue at Safilo in Q3 cushioned by Smith's rebound
The Safilo Group has reported a second consecutive quarter of topline decline as total Q3 revenue dropped by 9.8 percent year-on-year to €260.4 million, with sales declining both in North America and Europe that together account for over 80 percent of sales. Aside from strong currency headwinds, the company attributed ...
- Save article
ArticleSafilo and Amazon launch new smart glasses with Alexa for the US market
Amazon has announced upgrading its smart eyewear collection with the launch of seven new styles, including five Echo Frames models, its proprietary brand, and two designs by Carrera, a house brand of Safilo Group. It is the first time the Italian eyewear company has partnered with Amazon. All Amazon smart ...
- Save article
News briefsSafilo, Hilfiger extend licensing agreement ahead of schedule until 2030
Italian Safilo Group announced the early renewal of its global licensing agreement with Tommy Hilfiger, owned by PVH Corp., for the design, manufacturing and distribution of Tommy Hilfiger branded sunglasses and optical eyewear collections until Dec. 31, 2030. “We are very pleased to continue our collaboration with Safilo,“ commented Martijn ...
- Save article
News briefsSafilo reshuffles top management for North America and Sports division
The Safilo Group has announced two top management appointments at its North American and sports division – two strategic areas for the group representing the company’s largest regional market and its fastest-growing segment. Francesco Rinaldi Ceroni was promoted to the position of President of Safilo’s Global Sports Division, whose portfolio ...
- Save article
ArticleH&M CEO named new co-chair of The Fashion Pact
H&M Group’s CEO Helena Helmersson has been appointed co-chair of The Fashion Pact, succeeding the global CEO-led industry initiative’s co-founder, Kering Chairman and CEO François-Henri Pinault. Pinault had launched The Fashion Pact at the 2019 G7 Summit upon the invitation of French President Emmanuel Macron. The Fashion Pact represents one-third ...
- Save articleShort stops
Short Stops Week 14, 2023
PRODUCT & MARKETING +++ Adidas renewed its kit sponsorship of the New Zealand All Blacks rugby team and junior teams, which began in 1999, in a multi-year deal said to be worth NZ$10 million ( €5.76m) per year +++ Blenders Eyewear, part of Safilo Group, announced an exclusive new product ...
- Save articleShort stops
Short Stops Week 10, 2023
CORPORATE & M&A +++ Oerlikon has closed the acquisition of accessories and zipper provider Riri that was agreed upon in December 2022 +++ Hohenstein, which has recently announced the opening of a testing lab in Shanghai, has acquired the QAT Services Limited lab in Hong Kong +++ American tennis player ...
- Save article
PDF NewsletterSGI Europe Executive Edition: Vol 33 - 31+32
Athletic footwear global sales surged 26.4% in 2021 | Puma raises FY revenue outlook, maintains Ebit forecast | Under Armour prepares for inventory challenges, major drop in FY gross margin | Hoka hits new heights, aims for more | VF posts quarterly loss, but EMEA is strongest region | Frasers Group recovers from Covid and posts rising profits | Alibaba seeks initial listing on Hong Kong Stock Exchange, maintains listing on NYSE | Skechers adopts cautious H2 outlook, plans further distribution center investments | Technogym H1 results pumped up by B2B, North America | Garmin’s Q2 revenues hurt by another double-digit drop for fitness | Bogner records most successful financial year since | Grupo SBF generates 32% of quarterly sales from digital | Shimano sees strong H1 demand despite “cooling down” signs | Moncler results bolstered by big EMEA sales gain | Columbia revises FY22 outlook, will lean on key markets
- Save article
News briefsSafilo Group joins The Fashion Pact
Safilo Group has joined The Fashion Pact, a global sustainability coalition of companies in the fashion and textile industry, the company announced earlier this week. According to its website presentation, The Fashion Pact was launched at the G7 Summit in Biarritz, France, in 2019 as a mission given to Kering ...