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Safilo Group S.p.A. (SAFLF)

0.7600

0.0000

(0.00%)

At close: June 12 at 8:00:00 PM EDT

Kering Buys Italian Manufacturer Lenti in Eyewear Push

The luxury group said the acquisition represents an opportunity to establish in-house capabilities for the development of Made in Italy sun lenses.

The Wall Street Journal 4 days ago

SAFLF
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SAFLY
French luxury group Kering buys sun lens maker Lenti from Italy's Safilo

ROME (Reuters) -Kering Eyewear has agreed to buy Italian sunglass lens maker Lenti from Safilo, the unit of French luxury group Kering said on Tuesday, as it pushes for greater control of its supply chain. Headquartered in the northern city of Bergamo and with some 100 employees, Lenti specializes in moulding and surface treatments, including for sunglass lenses, visors and components for the lighting and automotive sectors. Neither Kering Eyewear nor Safilo, which also sent out a statement on the deal, disclosed financial details of the sale.

Reuters 4 days ago

PPRUY

SFL.MI
Kering Eyewear Acquires Italian Manufacturer Lenti

Roberto Vedovotto, president and CEO of Kering Eyewear, said the agreement is "providing an additional area of expertise."

WWD 4 days ago

PPRUY

SFL.MI
Safilo Posts Q1 Growth Amid Supply Chain Diversification and Resilient European Market

The Italian eyewear group's CEO Angelo Trocchia spoke of selective price adjustments in the U.S. with analysts.

WWD last month

SFL.MI
Safilo Group SpA (STU:S5U5) Q4 2024 Earnings Call Highlights: Resilience Amidst Challenges

Despite a slight sales decline, Safilo Group SpA (STU:S5U5) showcases strong margins and sustainability progress, while navigating market headwinds.

GuruFocus.com 2 months ago

SFL.MI
Safilo Group Sales Hit by End of Jimmy Choo License, Soft Trends in North America and Asia

October was a positive month, said CEO Angelo Trocchia, eyeing future developments in the U.S. after the presidential election.

WWD 7 months ago

SFL.MI
Safilo Group SpA (SAFLF) Q2 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...

Despite a revenue dip, Safilo Group SpA (SAFLF) reports strong brand performance and improved margins, setting a positive outlook for the second half of the year.

GuruFocus.com 8 months ago

SFL.MI
Safilo H1 Net Profit Improves Despite Falling Sales Worldwide

The Padua eyewear-maker expressed confidence in the perpetual David Beckham partnership and said the company should have more visibility on full-year guidance in September when its new collections hit the shelves.

WWD 10 months ago

SFL.MI

Performance Overview

Return	SAFLF	FTSEMIB.MI (FTSEMIB.MI)
YTD	-22.45%	+15.37%
1-Year	-36.67%	+17.34%
3-Year	-49.33%	+79.94%

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Safilo Group S.p.A. (SAFLF)

Kering Buys Italian Manufacturer Lenti in Eyewear Push

French luxury group Kering buys sun lens maker Lenti from Italy's Safilo

Kering Eyewear Acquires Italian Manufacturer Lenti

Safilo Posts Q1 Growth Amid Supply Chain Diversification and Resilient European Market

Safilo Group SpA (STU:S5U5) Q4 2024 Earnings Call Highlights: Resilience Amidst Challenges

Safilo Group Sales Hit by End of Jimmy Choo License, Soft Trends in North America and Asia

Safilo Group SpA (SAFLF) Q2 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...

Safilo H1 Net Profit Improves Despite Falling Sales Worldwide

Performance Overview