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.
Kering’s main Gucci brand, which set a high bar for luxury goods rivals during several years of explosive growth, posted a slower-than-expected rise in second-quarter sales on Thursday, hit by a blip in the U.S.
After losing the profitable Gucci licence in 2017, the Italian eyewear group has announced the end of the long-standing deal with Dior, whose licence will go to Thélios, the company set up by LVMH and Marcolin.
The show staged by Carine Roitfeld to celebrate the 90th anniversary of the Florentine boutique brought together more than 3,000 people on Thursday to celebrate fashion with rhinestones, VIPs and heaps of creativity.
Kering, owner of brands including Gucci, will tighten its grip on its e-commerce operations, focusing on its own branded sites to sell its luxury products or ventures where it can control its image and client data.
Four months ago, reviewers looking ahead to the February edition of London Fashion Week Men’s all stressed these would be the final menswear shows in London before Brexit. Until Theresa May's deal died in Westminster.