Safilo acquires 61.34 percent stake in eyewear brand Privé Revaux

Safilo Group has announced the acquisition of a 61.34 percent equity interest in the Miami-based Prive Goods, LLC (Privé Revaux). The company said in a statement that while David Schottenstein, the company’s founding entrepreneur and Chief Executive Officer retains ownership of approximately 15.5 percent of the equity, the remainder is held by celebrities Jamie Foxx, Hailee Steinfeld and Ashley Benson, senior management of the company, and certain other investors.