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SAFILO GRP SPA ADR - SAFLY STOCK NEWS

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Safilo Group SPA ADR (SAFLY) is a prominent player in the eyewear industry, specializing in the design, manufacturing, and distribution of prescription frames, sunglasses, outdoor eyewear, goggles, and helmets. Established in 1934 in Italy, Safilo Group boasts a diverse portfolio of home and licensed brands, including Carrera, Polaroid, and Tommy Hilfiger. The company's global presence enables it to deliver high-quality, innovative eyewear to over 100,000 points of sale worldwide through traditional wholesale channels, Direct-to-Consumer platforms, and Internet sales. With a commitment to blending style, technology, and craftsmanship, Safilo Group continues to redefine the eyewear market with its iconic designs and strategic partnerships.

Rhea-AI Summary
Safilo Group and Amazon announce the launch of new Carrera Smart Glasses with Alexa, offering customers stylish smart eyewear with open-ear audio technology. Safilo combines traditional wholesale distribution with Amazon's online distribution.
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Rhea-AI Summary
Safilo Group announces the early renewal of their global licensing agreement with Tommy Hilfiger for the design, manufacturing, and distribution of branded sunglasses and optical eyewear collections until 2030.
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FAQ

What is the current stock price of SAFILO GRP SPA ADR (SAFLY)?

The current stock price of SAFILO GRP SPA ADR (SAFLY) is $2.2025 as of April 16, 2024.

What is the market cap of SAFILO GRP SPA ADR (SAFLY)?

The market cap of SAFILO GRP SPA ADR (SAFLY) is approximately 520.9M.

When was Safilo Group established?

Safilo Group was established in 1934 in Italy's Veneto region.

What are some of the brands under Safilo Group's portfolio?

Safilo Group's portfolio includes home brands like Carrera, Polaroid, Smith, and licensed brands such as Tommy Hilfiger, Jimmy Choo, and Marc Jacobs.

How does Safilo Group distribute its eyewear products?

Safilo Group distributes its products through traditional wholesale channels, Direct-to-Consumer platforms, and Internet pure player sales.

What is the key focus of Safilo Group's business?

Safilo Group focuses on blending stylistic, technical, and industrial innovation with quality and craftsmanship in the design and manufacturing of eyewear products.

What recent partnership agreement did Safilo Group announce?

Safilo Group recently renewed its global licensing agreement with Tommy Hilfiger for the design, manufacturing, and distribution of TOMMY HILFIGER branded sunglasses and optical eyewear collections.

SAFILO GRP SPA ADR

OTC:SAFLY

SAFLY Rankings

SAFLY Stock Data

520.87M
133.41M
Medical Instruments & Supplies
Healthcare
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United States of America
Padua