OTB, the holding company of Italian fashion billionaire Renzo Rosso, quadrupled its Earnings Before Interest and Tax (EBIT) to €21.5 million in 2017. Though total group revenue slid 2.4 percent over the same 12 months.
The Miami-based apparel company announced on Monday that it has signed a licensing agreement with Taesok Optical Co. for the production of Perry Ellis Portfolio branded eyewear to be distributed in South Korea.
New York-based designer Ulla Johnson has launched a limited-edition sunglasses and optical eyewear line with Garrett Leight California Optical (GLCO). The boho chic designer also wants to open an LA store.
Hawaii-based sunglasses brand Maui Jim, known for its polarized sunglasses and island lifestyle look, has launched its first optical eyewear line. The new collection features 62 styles of everyday ophthalmic wear.