×
65 460
Fashion Jobs
MONCLER
HR Business Partner
Permanent ·
MONCLER
Finance Service Specialist
Permanent ·
COLUMBIA SPORTSWEAR COMPANY
sr Director - Brand Marketing Creative
Permanent · PORTLAND
BLOOMINGDALE'S
Asset Protection Outlet Supervisor, Full Time - Bergen tc
Permanent · Paramus
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Bloomie's
Permanent · Fairfax
MARSHALLS
70118-lp Detective
Permanent · Owings Mills
TJ MAXX
Loss Prevention Detective
Permanent · Santa Ana
TJ MAXX
Loss Prevention Detective
Permanent · Towson
HOMEGOODS
70118-lp Detective
Permanent · Los Angeles
ROSS
Lead, Store Planner
Permanent · Dublin
ROSS
Store Protection Specialist
Permanent · Kissimmee
NORDSTROM
Retail Stock - Renaissance Center Rack
Permanent · Durham
NIKE
Financial Analyst
Permanent · Beaverton
MACY'S
Ofc., Parade Studio Liaison & Asset Protection - Part Time (3842)
Permanent · Secaucus
MACY'S
Asset Protection Detective, Mall in Columbia - Full Time
Permanent · Columbia
MACY'S
Wave Planner, Bailey Road - Weekend, Full Time (2501)
Permanent · North Jackson
MACY'S
Asset Protection Detective, Herald Square - Full Time
Permanent · New York
MACY'S
Manager, Operations Mon-Fri 6:00 am-2:30 pm
Permanent · Tomball
MACY'S
Manager, Inventory Control/Quality Assurance Mon-Fri 6:00 am-2:30 pm
Permanent · Tomball
MACY'S
Asset Protection Detective, Alderwood - Full Time
Permanent · Lynnwood
MACY'S
Asset Protection Detective, Monmouth - Full Time
Permanent · Eatontown
MACY'S
Asset Protection Security Guard, Wolfchase - Part Time
Permanent · Bartlett
Published
Nov 4, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Hilfiger, Beckham and Isabel Marant boost Safilo in Q3

Published
Nov 4, 2022

Italian eyewear giant Safilo said on Friday that Q3 marked another quarter of sales and profits growth with net sales up 14.9% to €226.6 million (or 4.6% at constant exchange rates) and the company seeing 5.6% organic growth. Meanwhile adjusted EBITDA was up 18.6% at €22.6 million.


Isabel Marant



The company added that sunglass sales continue to boost growth in Europe and in emerging markets with a 7.1% increase in the third quarter, thanks to a buoyant summer season. But it also saw solid prescription frames business in all key markets and continued profit and margin improvements, despite macro headwinds. 

Sales of Carrera and Polaroid continued to see “remarkable” double-digit growth, while the progress of Smith was “more moderate in the quarter due to some logistic delays in the shipment of sports products” in the US. 

As for the licensed brands portfolio, Tommy Hilfiger, Hugo Boss, David Beckham, Under Armour and Isabel Marant were the other key drivers of the positive organic performance. Licenses for Carolina Herrera, Chiara Ferragni and Dsquared2, introduced this year into its portfolio, also added “significant new business”. 

Q3 also continued to see the significant return of consumers to stores, giving it “the opportunity to further advance the development and adoption of its B2B platforms, in particular in Europe, where the 'You&Safilo' business increased by approximately 40% compared to the same period of 2021”.

For the first nine months of the current financial year, net sales rose12.7% to €831.3 million with a 5.7% increase at constant exchange rates and a 9.9% organic rise. 

Gross profit rose 20.3% in the nine months to reach €458.4 million with a margin of 55.1% versus 51.7% a year earlier. Adjusted EBITDA was up 24% at €85.3 million. 

CEO Angelo Trocchia said: “Our [Q3] performance reflected the continued strength of Europe, Latin America and the Middle East markets, the first significant business rebound of Asia, and the North American market holding up versus another tough period of comparison and some logistic delays in the US.”

Copyright © 2023 FashionNetwork.com All rights reserved.