Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
eyewear
Latest News & Analysis
Luxury
EssilorLuxottica Sales Recover As Second Virus Wave Looms
The maker of Oakley and Ray-Ban showed signs of recovery. But a second coronavirus wave threatens another heavy blow to results.
EssilorLuxottica Sales Recover As Second Virus Wave Looms
The maker of Oakley and Ray-Ban showed signs of recovery. But a second coronavirus wave threatens another heavy blow to results.
Retail
Eyewear Brands Cash In on Our Screen-Time Overdose
With everyone working from home, brands and retailers have seen sales for blue light-blocking 'screen readers' surge. Has the pandemic helped the category find its feet?
Eyewear Brands Cash In on Our Screen-Time Overdose
With everyone working from home, brands and retailers have seen sales for blue light-blocking 'screen readers' surge. Has the pandemic helped the category find its feet?
Retail
Safilo's Sales Hit After Losing LVMH Brands
The Italian eyewear company said the exit of Fendi, Dior and Givenchy could result in a $220 million dent in sales.
Safilo's Sales Hit After Losing LVMH Brands
The Italian eyewear company said the exit of Fendi, Dior and Givenchy could result in a $220 million dent in sales.
Financial Markets
Safilo Acquires Californian Sunglasses Brand
The eyewear company has agreed to purchase 70 percent of Blenders Eyewear, in a deal estimated to be worth $90 million.
Safilo Acquires Californian Sunglasses Brand
The eyewear company has agreed to purchase 70 percent of Blenders Eyewear, in a deal estimated to be worth $90 million.
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News & Analysis
EssilorLuxottica Looks to Further Deals After GrandVision Purchase
After recently diffusing internal leadership rivalries and acquiring Grandvision for $8 billion, the Franco-Italian eyewear group is setting its sights on Asia, Africa and Latin America for expansion.
EssilorLuxottica Looks to Further Deals After GrandVision Purchase
After recently diffusing internal leadership rivalries and acquiring Grandvision for $8 billion, the Franco-Italian eyewear group is setting its sights on Asia, Africa and Latin America for expansion.
Luxury
Safilo Books €227 Million Write-Down in Wake of Dior Eyewear Loss
Safilo said earlier this month it would lose its license at the end of 2020 to use the Dior brand, which accounted for 14 percent of sales in the first half and which will likely go instead to LVMH's eyewear partner Marcolin.
Safilo Books €227 Million Write-Down in Wake of Dior Eyewear Loss
Safilo said earlier this month it would lose its license at the end of 2020 to use the Dior brand, which accounted for 14 percent of sales in the first half and which will likely go instead to LVMH's eyewear partner Marcolin.
News & Analysis
Ray-Ban Maker EssilorLuxottica Agrees to Buy GrandVision for $8 Billion
The deal was announced as the Franco-Italian eyewear company reported first-half earnings that beat analysts’ estimates.
Ray-Ban Maker EssilorLuxottica Agrees to Buy GrandVision for $8 Billion
The deal was announced as the Franco-Italian eyewear company reported first-half earnings that beat analysts’ estimates.
News & Analysis
Report: Ray-Ban Maker EssilorLuxottica Nearing Deal to Buy GrandVision
The Franco-Italian company and GrandVision’s controlling shareholder, HAL, could reach an agreement as early as this week, according to sources familiar with the matter.
Report: Ray-Ban Maker EssilorLuxottica Nearing Deal to Buy GrandVision
The Franco-Italian company and GrandVision’s controlling shareholder, HAL, could reach an agreement as early as this week, according to sources familiar with the matter.
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Sustainability
The Battle for Eyewear Behemoth EssilorLuxottica
This week, everyone will be talking about the fight for control of EssilorLuxottica, the apparel industry's sustainability mission at the Copenhagen Fashion Summit and the latest technologies on display at VivaTech. Read our BoF Professional Cheat Sheet.
The Battle for Eyewear Behemoth EssilorLuxottica
This week, everyone will be talking about the fight for control of EssilorLuxottica, the apparel industry's sustainability mission at the Copenhagen Fashion Summit and the latest technologies on display at VivaTech. Read our BoF Professional Cheat Sheet.
News & Analysis
The Latest Clash Between France and Italy Is Over Sunglasses
Shares in EssilorLuxottica, the world’s largest eyewear company, have slumped 22 percent since the two brands merged.
The Latest Clash Between France and Italy Is Over Sunglasses
Shares in EssilorLuxottica, the world’s largest eyewear company, have slumped 22 percent since the two brands merged.
News & Analysis
The Renegade Eyewear Brand Breaking All the Rules
Despite avoiding advertising, influencers and discount deals, British direct-to-consumer eyewear brand Cubitts has opened seven stores in five years and is in it for the long haul.
The Renegade Eyewear Brand Breaking All the Rules
Despite avoiding advertising, influencers and discount deals, British direct-to-consumer eyewear brand Cubitts has opened seven stores in five years and is in it for the long haul.
News & Analysis
Ace & Tate Plots European Expansion
With estimated 2018 revenues of $40 million, the Dutch direct-to-consumer eyewear brand is looking towards the UK and Germany to further its growth.
Ace & Tate Plots European Expansion
With estimated 2018 revenues of $40 million, the Dutch direct-to-consumer eyewear brand is looking towards the UK and Germany to further its growth.
The News in Brief
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
Exclusive: Akt London Enters Sephora
The UK label will roll out its hero deodorant to Sephora US doors and launch its full assortment online as the LVMH-owned retailer expands its body care offering.
Zalando Forecasts 2026 Profit Jump Driven by AI Boost
The European retailer forecast a rise in full-year adjusted operating profit and announced a share buyback, citing the productivity and cost-saving benefits of AI.
Lululemon Founder Warns CEO Candidates That Board Needs Overhaul
Chip Wilson wrote an open letter to potential candidates for the activewear brand’s next chief executive warning them of problems at the company.