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Originally posted by oculus View Post
English translation.................................
The initiative of Italian Independent, who wants to create an "alternative to Ray-Ban" (subsidiary of Luxottica), with the launch of its new Eyeye mounts (sold between 70 and 99 euros), coincides with the rise of questions on the future of the world number two Safilo. According to a report Exane, quoted by "La Repubblica", six years after his rescue by the investment fund HAL Safilo would be in the French Essilor sights.
"The Safilo record flows from investment banks," says one observer. The French group is already linked to Safilo by a license agreement in the polarized lenses sector since May 2013. In addition to the confirmation of the end of its license agreement with Gucci end of December 2016, Safilo announced on January 12, the stop licensing agreements of Alexander McQueen, Bottega Veneta and St. Lawrence in June 30, 2015. When contacted, Essilor would not comment on "market rumors."Comment
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just reading up on an old thread, Kering is Puma and charmant Is loosing puma too. just another black helicopter to fly aroundComment
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Safilo has a strategy of being a wholesaler.
VP : In the long term, does Safilo ever plan to enter retailing?
“Safilo has a strategy of being a superior product creator”LD : No. Safilo has a strategy of being a wholesaler. This is a different strategy from several of our competitors. You may ask why. It’s primarily because we don’t want to be competitors of our customers. We want to be an independent wholesaler who works with every retailer in an independent, neutral, but very committed way. Safilo is not a retailer.
We do have 130 stores in the US for historical reasons. However, their main purpose is to be a marketing tool and a shopper laboratory for us in the prime locations of US. We have several stores on 5th Avenue, World Trade Centre, prime locations in Miami, San Francisco, Los Angeles, but not because we want to be a retailer, but because we inherited those stores. Once we had them, we decided that we could have them as a learning laboratory to become a better wholesaler when we sell to our customers. But that is an exception.
Safilo has a strategy of being a superior product creator; we want to be at the forefront in terms of product quality innovation, technology creativity and
as a wholesaler, partner of the retailers. But we don’t want to be competition to our retailers.
Part of source at: ==============>
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They are? When is this happening. Thanks for the update.Originally posted by EyeManDan View PostComment
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What about Solstice? I'm pretty sure they're owned by SafiloOriginally posted by Chris Ryser View Post
VP : In the long term, does Safilo ever plan to enter retailing?
LD :
We do have 130 stores in the US for historical reasons. However, their main purpose is to be a marketing tool and a shopper laboratory for us in the prime locations of US. We have several stores on 5th Avenue, World Trade Centre, prime locations in Miami, San Francisco, Los Angeles, but not because we want to be a retailer, but because we inherited those stores. Once we had them, we decided that we could have them as a learning laboratory to become a better wholesaler when we sell to our customers. But that is an exception.
Pez:DComment
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In 2002, Safilo acquired the Solstice chain in US.
In May 2001, Safilo Chairman Vittorio Tabacchi began a takeover bid in which he acquired full ownership of Safilo. The company returned to the Milan Stock Exchange in December 2005. Also in 2001, the company inaugurated its new centralized warehouse at its Padua headquarters, a state-of-the-art structure with highly automated facilities. At this point, the distribution platform consisted of three main centres, located in Padua; Parsippany, New Jersey; and Hong Kong. In 2002, Safilo acquired the Solstice chain in US.
In 2008 and 2009, Hal Holding NV increased its ownership to 37.23% of the company.[8]
In December 2013, Henri Blomqvist, formerly of Procter & Gamble, was appointed its new global commercial director.[1]
For the fiscal year 2014, revenues at Safilo stood at 1,178.7 million euros (1,277.8 million dollars) representing a 5.1 percent rise against 2013, and revenue growth in the fourth quarter of 2014 was 11.2 percent against the fourth quarter of 2013. [11] In the first quarter of 2015, the turnover of Safilo in Europe was up 2.6 percent or over 2.8 percent at constant exchange rates.[12]
https://en.wikipedia.org/wiki/SafiloComment
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