Few luxury sectors are in a greater stage of flux than eyewear, where luxury giants like Kering and LVMH have both radically redrawn the business model. Meet Rosario Toscano – who just launched Balmain eyewear.
EU antitrust regulators have suspended an investigation into the $54 billion (£41.2 billion) merger between French glasses group Essilor and Italy's Luxottica after the companies failed to provide requested data.
French eyewear group Essilor said on Tuesday it was confident of securing approval for its $54 billion merger with Italian Luxottica after the EU launched a full-scale probe into its impact on competition.
To mark its centennial, the Italian eyewear label is launching a collector's item. Limited to 200, the handcrafted pairs of Persol's 18-carat gold trimmed aviators will be available at Saks Fifth Avenue.