Last €9.90 EUR
Change Today -0.285 / -2.80%
Volume 103.6K
SFL On Other Exchanges
As of 11:30 AM 10/20/14 All times are local (Market data is delayed by at least 15 minutes).

safilo group spa (SFL) Snapshot

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safilo group spa (SFL) Details

Safilo Group S.p.A. engages in the design, production, wholesale, and retail distribution of optical eyewear, sunglasses, sports goggles, and accessories worldwide. Its brand portfolio consists of house brand collections of optical frames, sunglasses, technical sports glasses, ski goggles, and helmets. The company offers its products under own brands, such as Safilo, Oxydo, Carrera, and Smith, as well as licensed brands, including Alexander McQueen, Banana Republic, BOSS - Hugo Boss, Bottega Veneta, Fendi, Fossil, Gucci, and Dior. It serves opticians, optometrists, ophthalmologists, distribution chains, department stores, specialized retailers, licensors' own stores, duty free shops, and sports shops. Safilo Group S.p.A. sells its products through independent distributors and agents, as well as through its own branches. The company was formerly known as Safilo Holding S.p.A. and changed its name to Safilo Group S.p.A. in September 2005. Safilo Group S.p.A. was founded in 1878 and is headquartered in Padova, Italy.

7,626 Employees
Last Reported Date: 07/31/14
Founded in 1878

safilo group spa (SFL) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: €2.5M
Compensation as of Fiscal Year 2013.

safilo group spa (SFL) Key Developments

Safilo Introduces New Polaroid Eyewear's 2015 Eyewear Collections

Safilo S.p.A. has introduced new Polaroid Eyewear's 2015 eyewear collections. Polaroid's UltraSight polarized lenses are made of nine functional elements: a polarizing light filter, which is protected by four UV light absorbers, two shock-absorbing and two scratch-resistant layers. These innovative lenses are the result of the exclusive Thermofusion Technology, a breakthrough in quality and technology that allows Polaroid to form lenses in a way that fully protects the polarizer, which is at the core of the lens, delivering superior optics. To better meet the diverse needs of all its customers, Polaroid presents two exciting new versions of its UltraSight lenses, which will be available starting in 2015: Ultra Light a lighter and more flexible lens and High Quality, a stronger and thicker version. The POLAROID eyewear Seasonal collections includes: ECLECTIC PATTERN PLD 6009 METAL ROUND PLD 6010. The POLAROID eyewear Contemporary men collections includes: MEMORY METAL PLD 2000, PLD 2001; ULTEM PLD 2002 and PLD 2004; SOFT RUBBER PLD 3004 and PLD 3005; and BI-INJECTED & BI-COLOR PLD 2009 and PLD 2010. The POLAROID eyewear Kids collections include: COLOR GAME PLD 8001. The POLAROID eyewear collections are designed, produced and distributed by the Safilo Group.

Safilo Group S.p.A. Expands Presence in Dubai, UAE

Safilo Group S.p.A. announced the opening of a locally incorporated company, fully owned by Safilo, in Dubai, UAE. The newly opened showroom and office in Dubai will serve all customers of the United Arab Emirates, Kuwait, Bahrain, Qatar, Oman and Saudi Arabia, and function as Safilo's Headquarter of the new Middle East and Africa region. The new Safilo Middle East Free Zone Establishment (FZE) is opening at the Dubai Airport Free Zone (DAFZ), ranked amongst the top free zones in the Middle East and in the world, this September 20, 2014 It includes 200m² of Italian designed showroom and offices, to showcase the full collections of all the 24 brands in Safilo's international brand portfolio. Through its new direct presence, Safilo will be able to fully leverage the exceptional luxury retail opportunity that the Middle East region offers to its quality brand portfolio, to deepen its partnership with its key customers building mutual trust based on a long term commitment, and to gain closer local consumer understanding.

Safilo Announces Strategic Product Partnership Agreement with Kering

Safilo, in coordination with Kering, announces their agreement to evolve their longstanding successful Eyewear partnership of 20 years, in the context of Kering's decision to internalize most of its Eyewear business, leveraging Safilo's unique craftsmanship capabilities in Eyewear product development, high quality Italian manufacturing and supply. Safilo Group has decided with Kering to anticipate the conclusion of its current Gucci license agreement by two years to December 2016, to develop a strategic product partnership agreement for four years until December 2020, and award to Safilo a compensation of EUR 90 million, to be paid in three installments over the next four years starting at closing. Signing of long-form agreements is expected by the end of the year. This new partnership includes product development, manufacturing and supply, and may be renewed by mutual consent at terms to be agreed.


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