Tag Archives : Jennifer Lopez

Termination Of License With Balenciaga

Termination Of License With Balenciaga

Padua, February, 2012 – Safilo Group announces that the license agreement for the design, production and distribution of Balenciaga sunglasses and prescription eyewear collections will not be renewed beyond the agreed expiration date of December 31, 2012. Safilo in fact continues to implement the rationalization strategy of its portfolio of licensed brands, focusing resources, investments and know-how only on those brands which are relevant in the eyewear sector or have important growth opportunities. Safilo’s sales through the Balenciaga license were approximately Euro 3 million in 2011. The Safilo Group is worldwide leader in the premium eyewear sector for sunglasses, optical frames and sports eyewear. With an international presence through 30 owned subsidiaries in primary markets – in America, Europe and Asia – and exclusive distributors, Safilo produces and distributes its house brands – Safilo, Carrera, Smith Optics, Oxydo, Blue Bay – and the licensed brands Alexander McQueen, A/X Armani Exchange, Balenciaga, Banana Republic, Bottega Veneta, BOSS Black, BOSS Orange, Céline, Dior, Emporio Armani, Fossil, Giorgio Armani, Gucci, HUGO, J.Lo by Jennifer Lopez, Jimmy Choo,...
Filed in: Eyewear, Industry Info
Armani Group Will Not Renew The Eyewear License With Safilo

Armani Group Will Not Renew The Eyewear License With Safilo

Padua, November 16, 2011 – Safilo Group has been informed by the Armani Group of their decision not to renew, beyond the natural expiration date of December 31, 2012, the license agreement for the design, production and distribution of the Giorgio Armani, Emporio Armani and A/X Armani Exchange eyewear collections. Safilo’s sales through the Armani Group’s licenses were approximately Euro 165 million in 2010 and Euro 125 million in the first nine months of 2011. In light of the non-renewal and based on the current portfolio of brands, the Group’s medium-term financial targets, communicated on September 29, would be lower by approximately Euro 150-200 million at the net sale level in 2015, while the EBITDA margin would reach 13.5% instead of 15%. However, Safilo is confident that it can achieve its medium-term business and economic targets through further developing its current portfolio of brands, new Safilo own brands and future additional licensing agreements. The Safilo Group is worldwide leader in the premium eyewear sector and maintains a leadership position in the prescription, sunglasses, fashion and sports eyewear sectors. Present in the international market through...
Filed in: Eyewear, Industry Info
Safilo Group And Céline Announce New Multi-Year Agreement

Safilo Group And Céline Announce New Multi-Year Agreement

Padua, November 14, 2011 – Safilo Group, worldwide leader in the premium eyewear sector, and the luxury brand Céline, today announced the signing of a multi-year licensing agreement for the production and worldwide distribution of Céline eyewear. The collections, designed for a sophisticated modern woman, will be available from January 2012 in Céline boutiques and selected retail outlets worldwide. “We are extremely pleased to announce a licensing agreement with a brand as exclusive as Céline” – declared Roberto Vedovotto, CEO of the Safilo Group – “this new collaboration allows us to add one of the most desirable names in international fashion to our portfolio, while strengthening our ties with the LVMH group.” “We are very happy to announce our partnership with Safilo Group” – stated Marco Gobbetti, CEO of Céline – “we are sure that thanks to Safilo’s experience and knowhow in the eyewear industry our collections will express the modern elegance and highest quality that distinguish all Céline’s products as unique and timeless icons.” About Safilo Group The Safilo Group is worldwide leader in the premium eyewear sector and maintains...
Filed in: Eyewear, Industry Info
Safilo And Kate Spade New York Announce Renewal Of License

Safilo And Kate Spade New York Announce Renewal Of License

Padua, September 21, 2011 – Safilo Group, a worldwide leader in the premium eyewear sector, and kate spade new york, an iconic American brand in the fashion world, announce the renewal of their license agreement until December 31 2015 for the design, production and international distribution of kate spade new york’s women optical frames, sunglasses and related eyewear products for the kate spade new york brand. The multi-year agreement and additional three-year renewal option extends a partnership originally forged in 2005. Roberto Vedovotto, CEO of Safilo Group, said: “We are thrilled to continue our relationship with kate spade new york, one of the most innovative American brands, a leader in the fashion industry. In these seven years of collaboration we have achieved unexpected results with this project and we are certain that the future will give us new satisfaction.” Craig A. Leavitt, CEO of kate spade new york, said: “We are proud to continue our successful run in the eyewear category with Safilo. The partnership has been strong in carrying on the heritage and aesthetic of the kate spade new york brand. We are excited to see strong new collections that this partnership...
Filed in: Eyewear, Industry Info
Jennifer Lopez Sports Gucci In New Music Video

Jennifer Lopez Sports Gucci In New Music Video

May 6, 2011 – Gucci is pleased to announce that Jennifer Lopez has chosen the House’s iconic aviator sunglasses for her latest music video “I’m Into You.” Recently released, the second single from her seventh studio album, Love?, features Lil Wayne and co-writing by Taio Cruz. The video for the island-flavored, mid-tempo love song was directed by Melina, against the stunning backdrop of the Chichen Itza Mayan ruins and the beautiful beaches of Tulum. Juxtaposing natural locations and history with spectacular bursts of unexpected color to create true art, the video is a series of vignettes that celebrates old and new, ancient and modern, vintage and couture. In one scene Jennifer is shown relaxing on the gorgeous Tulum beach in a white bikini, her eyes being shielded from the hot Mexican sun in a pair of unmistakably glamorous lilac-colored metal aviator Gucci sunglasses. The iconic Gucci GG 2909/S double-bridge aviator features an Eighties retro sensibility with its slender elongated lens shape and metal Gucci script logo on the lower left portion of the lens. The style, produced under license by Safilo Group, debuted on the runway with Creative Director Frida Giannini’s...
Filed in: Sunwear
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