Safilo completes acquisition of 70 percent stake in Blenders Eyewear

Safilo Group has announced the closing of 70 percent stake acquisition in the California company Blenders Eyewear LLC. Founded in San Diego in 2012 by Chase Fisher, Blenders Eyewear generates approximately 95 percent of its current business through its direct-to-consumer e-commerce platform. The company closed 2019 with net sales of 40.7 million dollars, up 38 percent compared to the previous year and with a 3-year CAGR of 174 percent.