Safilo said on Thursday it expected a 3 percent decline in full-year 2018 sales at constant currencies after poor sales in Europe and ongoing weakness in North American department stores hit its second-quarter.
Raen is expanding directly in Europe with the formation of a new European division, Raen Optics GmbH, or Raen Europe. Christian Grund, founder of Raen’s former European eyewear distributor, Eyegents, will lead the geo.
Celebrity-backed affordable eyewear brand Privé Revaux is expanding into France through a distribution agreement with Ikspan. The brand will launch at retail with Krys Group, France's largest eyewear distributor.
The New York-based apparel group and the eyewear manufacturer announced on Monday that they have signed a global licensing agreement for DKNY and Donna Karan New York eyewear set to launch next spring.
An influential N Brown investor has asked shareholders to vote against the retailer’s remuneration policy at its AGM on Tuesday, saying that executive bonuses are not linked closely enough to performance.
The art of reviving an esteemed but almost moribund brand – a skill in which the French have few equals – is one very much in evidence at Vuarnet, as it opens a brand-new flagship in New York's Nolita on Bastille Day.