
In Q1 2022, the Italian eyewear group recorded net sales of €282.6 million, up by 8.4% at constant rates. Gross income was on the rise too, up by 23%, as were gross margin, at 55%, and adjusted EBITDA, at 11.3%.
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In Q1 2022, the Italian eyewear group recorded net sales of €282.6 million, up by 8.4% at constant rates. Gross income was on the rise too, up by 23%, as were gross margin, at 55%, and adjusted EBITDA, at 11.3%.
Authentic Brands Group (ABG) announced on Friday the appointment of Kiyoshi Nakamura to assist in the development of new business in the Asia-Pacific and European regions.
Eyewear giant Safilo confirmed this week that its 2021 results were “well above” 2019’s figures. Sales were €969.6 million, up 7.5% on a currency-neutral basis, while adjusted EBITDA surged 25.7% to €81.5 million.
It’s a busy time for Authentic Brands Group. On the same day as it announced its New Guards link-up for Reebok, it also revealed a major new strategic partnership with David Beckham.
At just 23 years old, Kylian Mbappé is in the sights of many fashion brands. The house of Dior has already won the favors of the French soccer star, as well as the Oakley brand.
Trinity Limited, the owner of Gieves & Hawkes, has been placed into liquidation following a failed attempt by advisory firm RSM to sell the 250-year-old luxury British brand.
David Beckham is reportedly selling a 55% stake in his management business to acquisition-hungry Authentic Brands Group (ABG) for as much as £200 million. The reports haven't been confirmed by either party.
Victoria Beckham’s fashion business is still making losses but those losses are shrinking, the firm’s latest accounts have shown.
David Beckham retains his status as a top global fashion influencer even though younger celebrities such as Harry Styles are also making a huge impact now. And for women, Billie Eilish is top of a new ranking.
In just a few years, the global star has become a veritable fashion icon, with his gender-fluid outfits inspiring millions of people around the world, as a new study reveals.