Italian eyewear group Safilo said its 2017 adjusted core profit was set to halve from a year earlier after fourth-quarter sales dropped more than expected as the loss of its Gucci licence continued to bite.
HAL Holding has no intention at present of changing its shareholding in Italian eyewear maker Safilo, in which it is the largest investor, a Safilo spokeswoman said on Monday in response to media reports.
Hilary Duff is launching a women's sunglasses and prescription eyewear collection in partnership with online eyewear retailer GlassesUSA. Customers can try on frames prior to purchasing using Virtual Mirror AR tech.
Stradivarius will add to its international portfolio with the opening of a new store in London this spring. The new store will open at Westfield White City, joining other Inditex brands including Bershka and Zara.