Safilo Group
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Luxury Sector Recovers in Time for Second Lockdown
Quarterly results have highlighted a recovery in sales over the summer, but the sector is bracing itself for further lockdowns in Europe and potential post-election turmoil in the US.
Luxury Sector Recovers in Time for Second Lockdown
Quarterly results have highlighted a recovery in sales over the summer, but the sector is bracing itself for further lockdowns in Europe and potential post-election turmoil in the US.
Positive Trading Updates Help Lift Luxury
Good news on current trading has caused the Savigny Luxury Index to bounce back this month.
Positive Trading Updates Help Lift Luxury
Good news on current trading has caused the Savigny Luxury Index to bounce back this month.
Luxury Clobbered By Covid-19
The Savigny Luxury Index (“SLI”) took a tumble this month, with the luxury sector enduring one of its worst quarters on record.
Luxury Clobbered By Covid-19
The Savigny Luxury Index (“SLI”) took a tumble this month, with the luxury sector enduring one of its worst quarters on record.
Luxury's Bumpy Road Ahead
Investors are pinning their hopes on a 2021 recovery, but a worsening Covid-19 situation in the US and glum forecasts from the Federal Reserve indicate it won't be an easy path.
Luxury's Bumpy Road Ahead
Investors are pinning their hopes on a 2021 recovery, but a worsening Covid-19 situation in the US and glum forecasts from the Federal Reserve indicate it won't be an easy path.
For Luxury, Hope Springs Eternal
Investors in the sector are looking beyond a troublesome second quarter to greener pastures in the second half of 2020.
For Luxury, Hope Springs Eternal
Investors in the sector are looking beyond a troublesome second quarter to greener pastures in the second half of 2020.
2019 Ends on a Positive Note For Luxury
Luxury investment throughout 2019 often felt like a game of musical chairs, but the year ended on a positive note, with an overall yearly gain of 44 percent for the Savigny Luxury Index.
2019 Ends on a Positive Note For Luxury
Luxury investment throughout 2019 often felt like a game of musical chairs, but the year ended on a positive note, with an overall yearly gain of 44 percent for the Savigny Luxury Index.
Safilo's Sales Hit After Losing LVMH Brands
The Italian eyewear company said the exit of Fendi, Dior and Givenchy could result in a $220 million dent in sales.
Safilo's Sales Hit After Losing LVMH Brands
The Italian eyewear company said the exit of Fendi, Dior and Givenchy could result in a $220 million dent in sales.
Safilo Acquires Californian Sunglasses Brand
The eyewear company has agreed to purchase 70 percent of Blenders Eyewear, in a deal estimated to be worth $90 million.
Safilo Acquires Californian Sunglasses Brand
The eyewear company has agreed to purchase 70 percent of Blenders Eyewear, in a deal estimated to be worth $90 million.
Luxury’s Addiction to China Leaves It Exposed
This month, the SLI tumbled in the face of deteriorating trade talks between China and the US, compounded by a devaluation of the yuan and continued pro-democracy protests in Hong Kong.
Luxury’s Addiction to China Leaves It Exposed
This month, the SLI tumbled in the face of deteriorating trade talks between China and the US, compounded by a devaluation of the yuan and continued pro-democracy protests in Hong Kong.
Safilo Books €227 Million Write-Down in Wake of Dior Eyewear Loss
Safilo said earlier this month it would lose its license at the end of 2020 to use the Dior brand, which accounted for 14 percent of sales in the first half and which will likely go instead to LVMH's eyewear partner Marcolin.
Safilo Books €227 Million Write-Down in Wake of Dior Eyewear Loss
Safilo said earlier this month it would lose its license at the end of 2020 to use the Dior brand, which accounted for 14 percent of sales in the first half and which will likely go instead to LVMH's eyewear partner Marcolin.