0000299491 00000 n > Media 0000199154 00000 n 0000069218 00000 n 0000258757 00000 n After the war, exports to other European nations resumed and operations expanded to Rome and Milan with exports beginning in the United States. 0000260703 00000 n 0000279468 00000 n 0000220188 00000 n 0000189957 00000 n 0000076394 00000 n 0000295945 00000 n
0000287674 00000 n 0000258408 00000 n In 1974, the founder of Safilo died and his sons took over running the business.
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net financial charges totaled Euro 5.8 million compared to Euro 13.8 million in 2018, thanks to the lower average net debt and a neutral impact from exchange rates differences. 0000280392 00000 n 0000261433 00000 n
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THE SAFILO GROUP Group profile 5 History of the Group 22 Group structure 24 Critical factors for the Group’s success 25 Primary Group processes and activities 27 SAFILO GROUP S. 0000228500 00000 n 0000094831 00000 n
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All rights reserved. 0000210087 00000 n 0000292948 00000 n 0000203089 00000 n 0000073951 00000 n var lk = '
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0000361610 00000 n The Group manages a unique portfolio of its own and licensed brands, selected according to criteria of competitive 0000116454 00000 n 0000210980 00000 n
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if (window.external || window.sidebar || (window.opera && window.print) ){ document.write(lk); } 0000201032 00000 n When comparing 2019 results to 2018, it is important to recall that 2018 results included an income of Euro 39.0 million for the early termination of the Gucci license. 0000275160 00000 n
[13], In 2010, the Safilo Group's revenues were up 6.8% over 2009, with net sales at €1,079.9 million or €1.1 billion. 0000200075 00000 n
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0000079886 00000 n 0000198617 00000 n Production is also selectively outsourced to third-party manufacturers in Asia, Italy, and the U.S. in order to optimize the production capacity of Safilo’s facilities, and tp contain costs and meet the specific needs of Asian consumers (Asian fitting).
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[5], In January 2018, Safilo Group launched luxury eyewear collections along with Elie Saab Couture and Oxydo brands. worldwide distributor of quality and trust, leader in the premium sector for sunglasses, optical frames 0000222005 00000 n
positioning and international prestige, with careful customer segmentation. 0000298380 00000 n 0000226967 00000 n 0000235083 00000 n 0000192516 00000 n 0000274906 00000 n
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through its team of designers, who ensure the continual stylistic and technical innovation that has always been a distinguishing feature of the Group. 0000220973 00000 n
0000292709 00000 n 0000262838 00000 n 0000286912 00000 n Safilo Group S.p.A. (acronym of Società Anonima Fabbrica Italiana Lavorazione Occhiali) is an Italian company that designs, produces and distributes prescription frames, sunglasses, sports eyewear, ski goggles and helmets, and cycling helmets under its own five house brands and 32 licensed brands, including Smith Optics who make military grade eyewear. 0000272297 00000 n
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0000292343 00000 n Accessibility | 0000243644 00000 n At this point, the distribution platform consisted of three main centres, located in Padua; Denver, Colorado; and Hong Kong.
In the 1980s, Safilo developed designer collections and gained full control of American eyewear company Starline Optical Corp. 0000225925 00000 n
He subsequently acquired then sunglass-maker Friuli-based Oxsol and listed Safilo on the Milan Stock Exchange.
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0000259840 00000 n Safilo closed 2019 with the net sales at Euro 939.0 million, up 3.1% at current exchange rates and 0.9% at constant exchange rates compared to Euro 910.7 million in 2018.
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0000280068 00000 n Safilo is licensed to produce eyewear for some of the world’s leading fashion houses, including: Dior, Dior Homme, Fendi, Banana Republic, BOSS, David Beckham, Elie Saab, Fossil, Givenchy, havaianas, HUGO, Jimmy Choo, Juicy Couture, kate spade new york, Levi's, Liz Claiborne, Love Moschino, Marc Jacobs, Missoni, M Missoni, Moschino, Pierre Cardin, rag&bone, Rebecca Minkoff, Saks Fifth Avenue, Swatch and Tommy Hilfiger. The Company operates through Wholesale and Retail segments.
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0000218562 00000 n In these processes, it is essential to coordinate with the Group Subsidiaries. 0000230583 00000 n 0000036395 00000 n
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Thanks to strong craftsmanship expertise dating back to 1878, Safilo translates its design projects into high-quality products created according to the best Italian tradition.
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safilo.com |. 0000200224 00000 n 0000289286 00000 n 0000231043 00000 n 0000186921 00000 n
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0000209758 00000 n In 2008 and 2009, Hal Holding NV increased its ownership to 37.23% of the company. 0000293840 00000 n
0000231996 00000 n 0000198595 00000 n 0000296571 00000 n 2019 wholesale1 performance was driven by the good results achieved by the Group’s own core brands Carrera, Polaroid and Smith, overall growing by 5.7% at constant exchange rates, and by the positive performance of the main licensed brands.
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0000081465 00000 n Focus on .
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Legal Disclaimer |
0000255309 00000 n 0000287530 00000 n 0000254664 00000 n It was in 1878 that a manufacturing site was first opened to produce lenses and frames in Calalzo di Cadore, in the Venetian Alps. 0000148526 00000 n Top Has Safilo Group a code of ethics? 0000282293 00000 n 0000148043 00000 n 0000186028 00000 n 0000215891 00000 n | Privacy Policy. 0000136316 00000 n 0000192538 00000 n The licenses which link the Group to those brands are characterised by exclusivity agreements.
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0000292591 00000 n 0000278667 00000 n a few examples, Dior, Max Mara, Jimmy Choo and Hugo Boss, and others distributed only in some countries,
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0000029928 00000 n Safilo Group is the fully integrated Italian eyewear creator and
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Safilo’s portfolio encompasses its own core brands – Carrera, Polaroid, Smith, Safilo, Blenders, Privé Revaux, and licensed brands Dior, Dior Homme, Fendi, Banana Republic, BOSS, David Beckham, Elie Saab, Fossil, Givenchy, havaianas, HUGO, Jimmy Choo, Juicy Couture, kate spade new york, Levi’s, Liz Claiborne, Love Moschino, Marc Jacobs, Max Mara, Missoni, M Missoni, Moschino, Pierre Cardin, rag&bone, …
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0000201288 00000 n 0000244963 00000 n 0000262775 00000 n 0000221386 00000 n 0000218243 00000 n 1The wholesale business excludes the business of the supply agreement with Kering, reported within the geographical area of Europe. 0000183429 00000 n 0000180497 00000 n On a post-IFRS 16 basis, 2019 Group net debt stood at Euro 74.8 million.
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retail). 0000268452 00000 n
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Feedback | 0000197181 00000 n 0000231753 00000 n With an extensive network of subsidiaries in 40 countries – in North and Latin America, Europe, Middle East and Africa, and Asia Pacific and China – and more than 50 distribution partners in key markets, Safilo is committed to quality distribution of its products in nearly 100,000 selected points of sale all over the world, including opticians, optometrists, ophthalmologists, distribution chains, department stores, and other specialized dealers.
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0000259903 00000 n The net sales of the Going Forward Brand Portfolio decreased by 3.9% at constant exchange rates (-3.9% excl. 0000222729 00000 n 0000203410 00000 n 0000289947 00000 n
0000019629 00000 n Use the PitchBook Platform to explore the full profile. All rights reserved.
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2 In 2019, the adjusted economic results of the Continuing Operations exclude: (i) the impairment of the entire goodwill allocated to the Group’s cash generating units of Euro 227.1 million, (ii) the write-down of deferred tax assets of Euro 22.4 million, (iii) the write-down of fixed assets of Euro 9.0 million for the restructuring plan in Italy, announced on December 10, 2019, (iv) non-recurring costs of 39.4 million, related to the above-mentioned restructuring plan in Italy for Euro 21 million, to the cost saving program undertaken by the Company during the year, and to activities linked to acquisitions and divestitures. 0000186091 00000 n 0000274445 00000 n © 2009-2020 Safilo Group S.p.A. - P.IVA 03032950242. 0000298890 00000 n
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