Friday, September 30, 2011

Safilo Has Yet to Re-Hook Up with Armani


"Italian eyewear maker Safilo failed to reassure investors on Thursday on the outcome of talks for the renewal of its key licence with the Armani group," reports Reuters. "Analysts estimate the contract with the Italian luxury house accounts for around 15 percent of sales at Safilo, Italy's No.2 high-end eyewear maker behind Luxottica." Read more.

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