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Apparel and accessories

Safilo, taking black eye over COVID-19 measures, expects 11-13pc Q1 sales drop in eyewear

April 6, 2020

Changed outlook for Safilo. Image credit: Safilo Changed outlook for Safilo. Image credit: Safilo

 

By Luxury Daily News Service

Safilo Group, maker of luxury eyewear under license, has revised its projections for 2020 and expects first-quarters sales to drop between 11 percent and 13 percent at constant exchange rates compared to the year-ago period.

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  1. Luxury brands condemn racism even as looters damage Chanel, Bloomingdale’s and Nordstrom stores in US
  2. Savile Row tailor Huntsman makes face masks to match bespoke shirts
  3. Diptyque CEO on pop-ups, expansion and state of the fragrance market
  4. Roundtable: Industry heavyweights on the future of the luxury watch business
  5. Rebranded Natural Diamond Council clear about new mission: Only the real thing
  6. Day's wrap: Kering, LVMH, TAG Heuer, Ronald Lauder and Estée Lauder
  7. Dior goes for gold with flashy J'adore campaign
  8. Advertising to black consumers on the decline as their spending power grows
  9. Gucci creates flower-rich fantastical set in new Gorgeous Gardenia campaign
  10. Shortening the recovery time for luxury retail: Re-boarding the workforce
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