Eyewear giant Safilo has reported Q4 and full-year results and in the light of the pandemic, the figures look good. It managed a Q4 sales rise and adjusted EBITDA also rose, even though the full year was loss-making.
The Italian luxe label is being relaunched, and has strengthened its senior management team with the arrival of a new head of marketing, Antonella Leoni, formerly in charge of communications at eyewear group Safilo.
LVMH-owned Rimowa is launching a sunglasses line produced and distributed by Thélios, the joint venture between the luxury giant and eyewear manufacturer Marcolin, which is soon set to unveil Dior’s new eyewear line.
Few luxury sectors are in a greater stage of flux than eyewear, where luxury giants like Kering and LVMH have both radically redrawn the business model. Meet Rosario Toscano – who just launched Balmain eyewear.