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.
In Milan the parting farewell generally addressed to a friend by the Milanese is "buon lavoro," literally "good work," which after a very busy week in the Italian fashion capital, summed up the mood and the style here.
Eyewear company Marcolin Group and TBL Licensing LLC are entering into an early renewal of their licensing agreement for the design, production and worldwide distribution of Timberland optical frames and sunglasses.
Safilo said on Thursday it expected a 3 percent decline in full-year 2018 sales at constant currencies after poor sales in Europe and ongoing weakness in North American department stores hit its second-quarter.
On Tuesday, the luxury group opened the Thélios production site for its joint venture with Marcolin, a partnership which began with Céline's eyewear collections, and still has those of Loewe and Fred in the pipeline.