Blenders Eyewear news and archive

Blenders Eyewear debuts new philanthropic initiative

Blenders Eyewear launched a new charitable giveback programme 'Blenders Cares' to support impactful non-profit organisations “to make positive and long-lasting change for important issues”. Since its inception in 2012, Blenders Eyewear has supported and celebrated causes including breast cancer awareness and LGBTQIA+ rights. The Blenders Cares...

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Safilo posts strong improvement in sales and profitability

In the second quarter of 2021, Safilo’s net sales of 259.4 million euros increased 137.1 percent at constant exchange rates and 126.6 percent at current exchange rates. The company said in a statement that the significant year-on-year rebound translated into a sequential top line acceleration of 9.4 percent at constant exchange rates and 4.3...

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Safilo witnesses business rebound, expects to break even in FY20

Safilo’s preliminary 2020 net sales equalled 780.3 million euros, down 15.2 percent at constant exchange rates and 16.9 percent at current exchange rates, due to the sharp decline suffered in the first half of the year following the severe lockdowns put in place by governments on a global scale to fight the Covid-19 pandemic. The company said,...

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Safilo posts sales rise in Q3, returns to profitability

In the third quarter, net sales at Safilo Group S.p.A. reached 219.1 million euros, growing by 3 percent at current exchange rates and 6 percent at constant exchange rates led by the significant rebound experienced by the wholesale market in North America, and the full-quarter contribution deriving from the recent acquisitions of Blenders...

Business

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...

Business

Safilo buys 70 percent stake in Blenders Eyewear

Safilo Group has announced the acquisition of a 70 percent stake in the equity of the California company Blenders Eyewear LLC, based on a total value on a cash-and debt free basis equal to 90 million dollars. The company said that Chase Fisher will retain full ownership of 30 percent of the shares and, pursuant to the share purchase agreement,...