85 727
Fashion Jobs
ESSILORLUXOTTICA GROUP
Customer Service Representative
Permanent · EAST SYRACUSE
ESSILORLUXOTTICA GROUP
Customer Service Representative Classic Optical)
Permanent · YOUNGSTOWN
ESSILORLUXOTTICA GROUP
sr. Manager, Business Growth
Permanent · NEW YORK
ESSILORLUXOTTICA GROUP
Associate Manager, Trade Event Marketing
Permanent · DALLAS
ESSILORLUXOTTICA GROUP
Oakley - Specialized Consultant
Permanent · PEMBROKE PINES
ESSILORLUXOTTICA GROUP
Oakley - Sales Supervisor
Permanent · CAMARILLO
ESSILORLUXOTTICA GROUP
Naasc - Material Handler II (Inbound Team Lead)
Permanent · MCDONOUGH
ESSILORLUXOTTICA GROUP
Oakley Store Market Manager- Denver Market
Permanent · DENVER
ESSILORLUXOTTICA GROUP
Oakley - Specialized Consultant (Denver)
Permanent · DENVER
ESSILORLUXOTTICA GROUP
Wholesale - Analyst, Supply Chain (Vendor Compliance)
Permanent · PORT WASHINGTON
ESSILORLUXOTTICA GROUP
Essilorluxottica Wholesale - Sales Representative
Permanent · RALEIGH
ESSILORLUXOTTICA GROUP
Wholesale - Coordinator- Sales Operations (Rep Orders)
Permanent · PORT WASHINGTON
AMRG
Sales Supervisor - Full Time
Permanent · ROSEMONT
WALGREENS
Overnight Call Center Representative - Pharmacy (Onsite)
Permanent · CHANDLER
WALGREENS
Onsite Call Center Representative - Pharmacy (Part Time)
Permanent · CHANDLER
WALGREENS
Onsite Call Center Representative - Pharmacy (Full Time)
Permanent · CHANDLER
WALGREENS
Senior Manager, Merchandise Planning
Permanent · DEERFIELD
WALGREENS
Digital Commerce Associate Manager, Merchandising
Permanent · DEERFIELD
WALGREENS
General Warehouse Person Pendergrass Rfc
Permanent · PENDERGRASS
CALERES
Associate Manager - Famous Footwear
Permanent · MANKATO
NORTH CAROLINA STATE
County Extension Director
Permanent · GOLDSBORO
SALLY BEAUTY CORPORATE
IT Director - Finance & HR
Permanent · DENTON
Translated by
Nicola Mira
Published
Nov 10, 2017
Download
Download the article
Print
Text size

Safilo still affected by Gucci licence termination, down 14.9% in third quarter

Translated by
Nicola Mira
Published
Nov 10, 2017

 The Gucci licence termination still weighs heavily on the financial results of Italian eyewear manufacturer Safilo. The group closed the third quarter 2017 with a revenue of €245.1 million, down 14.9% at current exchange rates (-12.3% at constant exchange rates. Sales in comparable brand portfolio terms instead rose slightly in the quarter, by 1.3%.



Safilo's headquarters in Longarone, northern Italy - safilogroup.com


In the third quarter, gross profit was €120.4 million (-28.9%), gross industrial margin fell to 49.1% of net sales (compared to 58.8% in Q3 2016) and adjusted EBITDA was €15.4 million, down 19.6% from Q3 2016.
 
Revenue for the Europe region was €100.5 million in the quarter (-5.9% at constant exchange rates). North America slumped too, generating a revenue of €103.5 million, down 13.7% at constant exchange rates. Sales for the Asia-Pacific region plummeted, reaching €16.7 million, down 43.7% at constant exchange rates. The rest of the world gained 8%, reaching €24.4 million, driven by a comparable brand portfolio sales rise of 28.2%, especially thanks to Safilo's own brands.

Safilo is currently distributed in about 100,000 retail outlets worldwide with a global network of over 50 distribution partners. The group closed 2016 with a net revenue of €1.253 billion. 

Copyright © 2024 FashionNetwork.com All rights reserved.