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Safilo becomes eyewear licensing partner of Victoria Beckham

Italian eyewear group Safilo and Victoria Beckham, creative director and founder of the eponymous fashion label, have signed a new licensing deal. The ten-year agreement covers the development, production and distribution of Victoria Beckham eyewear collections, and runs until the end of December 2035. The entire product line, which includes...

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Business

Safilo's Q3 net sales decline by 3.4 percent

Safilo’s net sales at 225.4 million euros were down 3.4 percent at constant exchange rates in the third quarter. Gross margin at 59.1 percent increased 140 bps, and adjusted EBITDA margin at 7.9 percent, improved 20 bps. In the first nine months of 2024, net sales at 757.4 million euros declined 2.7 percent at constant exchange rates. Gross...

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