The Italian eyewear group has bought a 70% stake in Blenders Eyewear LLC from Chase Fisher, who founded the company in 2012 and remains as CEO with a 30% interest. The company’s full valuation was $90 million.
Car maker BMW has inked a five-year licence deal with the eyewear group starting on January 1 2020, for the design, production and distribution of eyeglasses and sunglasses for the BMW, BMW M and BMW M Motorsport lines.
John Galliano has renewed his contract as creative director of the house of Maison Margiela, in a vote of confidence in the controversial British designer by the brand's owner, Italian billionaire Renzo Rosso.
Carla Sozzani, noted retailer, gatekeeper to the Azzedine Alaïa archives and all-round fashion legend, has a new project. The Italian lady opened her own Fondazione Sozzani Monday night in an unexpected neighbourhood.
Zalando has announced the appointment of Barbara Daliri-Freyduni as Senior Vice President, Demand, while Ralf Herbrich is set to join the German retailer as SVP Data Science and Machine Learning in 2020.
The company set up from scratch in 2014 by luxury group Kering, the industry’s first to internalise its eyewear business, is about to top the €500 million revenue mark, and says it isn’t interested in Safilo.
The French label owned by Chinese conglomerate Fosun has inked a global licence deal with Marchon for the production of its men’s and women’s eyeglasses and sunglasses. The collections will debut in September 2020.
The Mode: Moscow showroom in Paris, supported by the Moscow Export Center, was where 27 labels presented a diverse array of collections for this season, and attracted a buzzing crowd of fashionistas for its launch.
Growing demand for vision correction should boost sales of Ray Bans and other eyeglasses, EssilorLuxottica said on Wednesday, with profits also driven by cost cuts of up to 600 millions euros a year from 2022.