Safilo news and archive

Safilo submits non-binding offer for Eschenbach and BoDe

In reference to the “Statement regarding possible offer” published yesterday by Inspecs Group, Safilo confirmed today in a statement that it has submitted a non-binding offer to acquire the Eschenbach Group and BoDe businesses, owned by Inspecs. The offer was made as part of its exploration of new investment opportunities. At present, there is...

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Safilo Group's H1 2025 sales and profitability improve

Net sales totalled 537.6 million euros, up 2.3 percent at constant exchange rates, in the first half for Safilo Group. Gross industrial margin was 61.1 percent, up 110 basis points from 60.0 percent. Adjusted EBITDA margin was 11.6 percent, up 80 basis points from 10.8 percent. Adjusted net profit for the group reached 33.7 million euros, up...

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Safilo Group: Net sales up, driven by Europe and Asia Pacific

Net sales totalled 285.8 million, up 2.2 percent at constant exchange rates for the eyewear group Safilo, in the first quarter. On May 7, the board of directors of Safilo Group spa reviewed and approved the main performance indicators for the first quarter of 2025. The company's gross industrial margin stood at 60.5 percent, up 50 basis points...

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Dsquared2 and Safilo renew eyewear partnership

Eyewear group Safilo has announced the early renewal of its multi-year licensing deal with fashion brand Dsquared2, founded by brothers Dean and Dan Caten. In a statement, Safilo said the new partnership deal would see the group designing, manufacturing and distributing Dsquared2 branded eyewear collections until the end of December 2031. Angelo...

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Safilo and Under Armour renew eyewear licensing agreement

Safilo Group and Under Armour have renewed their global licensing agreement for Under Armour branded eyewear until 2031. "We are enthusiastic about extending our successful partnership started in 2020 with Under Armour. We are thrilled to continue this journey, leveraging Under Armour's growing consumer base in North America and in the rest of...

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Safilo's Q3 net sales decline by 3.4 percent

Safilo’s net sales at 225.4 million euros were down 3.4 percent at constant exchange rates in the third quarter. Gross margin at 59.1 percent increased 140 bps, and adjusted EBITDA margin at 7.9 percent, improved 20 bps. In the first nine months of 2024, net sales at 757.4 million euros declined 2.7 percent at constant exchange rates. Gross...

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Safilo's H1 sales decline but profit improves

First half net sales at Safilo Group of 532 million euros, declined 2.4 percent at constant exchange and 3.3 percent at current exchange rates reflecting a sales reduction resulting from the exit of Jimmy Choo, which offset a slight growth by the rest of the portfolio. The company further said that adjusted operating result amounted to 37.6...

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David Beckham opens eyewear pop-up in Selfridges

Former footballer David Beckham and eyewear specialist Safilo SPA have opened a pop-up in Selfridges as part of the department store’s ‘Sportopia,’ summer of sports. The Eyewear by David Beckham pop-up is open until September 13. It showcases the brand’s summer collection and five key autumn/winter 2024 sun styles chosen for perfectly...

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Safilo sales hit by North America, lower Jimmy Choo sales

In the first quarter, Safilo's net sales amounted to 277.2 million euros, down 1.8 percent at constant exchange rates and 3.5 percent at current exchange rates influenced by the reduction in sales of Jimmy Choo. The company said in a statement that the other main drivers of the period were the weak performance of North America and the temporary...

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Safilo signs perpetual license agreement with David Beckham brand

Safilo Group, the Italian eyewear giant, has entered a perpetual license agreement with Authentic Brands Group for David Beckham Eyewear, replacing the previous contract set to expire in 2030. Under this new deal, Safilo will retain control over the entire value chain, from design to global distribution, with David Beckham leading the creative...

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Safilo and Marc Jacobs renew eyewear licensing agreement

Safilo Group and Marc Jacobs have announced the early renewal of their multi-year global licensing agreement for Marc Jacobs branded eyewear until December 2031. "During these 20 years Marc Jacobs has grown to become one of the most emblematic brands of Safilo's contemporary and premium offering, with a strong global appeal for both men and...

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Safilo 2023 profit plunges 76 percent

Safilo Group closed the year 2023 with net sales of 1,024.7 million euros, down 2.3 percent at constant exchange and 4.8 percent at current exchange rates. Its full-year adjusted net profit declined by 76 percent to 14 million euros, while its adjusted core profit stood at 92 million euros, down 9.1 percent year on year. In the year, the company...