MILAN – Safilo Group is entering the Iranian market.The Italian eyewear manufacturer has teamed with a local partner there, Noor Gostaran Azin Aryan Co., which will distribute the sunglasses and optical frames produced by Safilo across Iran.As part of Safilo's 2020 strategic plan, this partnership follows the opening in 2014 of the group's Dubai-based IMEA division, which manages operations across India, the Middle East and Africa.“We see Iran as a market of great potential for our extensive brand portfolio, in sun and optical, and observe high local demand for trendsetting design and high quality craftsmanship," said Safilo Group chief executive officer Luisa Delgado in a statement.[caption id="attachment_10806785" align="aligncenter" width="557"] Detail of Marc Jacobs RTW Fall 2017[/caption]Safilo, which has more than 50 partners around the globe, produces and distributes eyewear under license for LVMH Moët Hennessy Louis Vuitton-owned brands including Fendi, Dior and Marc Jacobs. This year it will focus on launching Givenchy. And Céline is due to be out of Safilo's portfolio by the end of 2017.On Monday, the company extended its licensing agreement with Authentic Brands Group subsidiary Juicy Couture through Dec. 31, 2022.In January, the Safilo established an Atelier division, which is dedicated to the design and production of hyper-luxury eyewear collections. The new product segment launched with licensed label Elie Saab Couture and house brand Oxydo that is known for its sculptural silhouettes inspired by modern and contemporary art.Safilo on Wednesday named Eugenio Razelli as its new chairman.In 2016, the company posted net profits of 15.4 million euros, or $17 million at average exchange rate, more than double that of 6.9 million euros, or $7.58 million, registered in 2015. Net sales for Safilo last year were 1.25 billion euros, or $1.35 billion, down 2 percent in reported terms and 1.2 percent on a constant-currency basis, as reported.
@juicebeauty, where @gwynethpaltrow holds the title of creative director of makeup, has become one of the foremost labels in the organic beauty category –– with sales on track to hit $100 million this year. What’s behind the rapid growth the brand is experiencing right now? It all started in 2005 when the wellness movement was just getting started. Read more on WWD.com. #wwdbeauty
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"I want to tell a story that inspires people to feel good about themselves, but also I'm making a commentary about the lack of female stories and female directors and saying this should change," said @imheathergraham on her latest project "Half Magic." The comedy feature, which the actress wrote and directed, is based on her own struggles as a woman in show business. Read @andrewnodell's full interview with Graham on WWD.com. #wwdeye (📷: @jgreenery)
@meltcosmetics cofounders @lora_arellano and @danabomar built their brand on a single idea: a true matte lipstick. To set the brand apart, they said they always put their customers first –– including a personalized note in each package. #wwdsummits #wwdbeauty
@moncler unveiled its latest project, #MonclerGenius, yesterday at Milan Fashion Week. The Italian outwear maker gave show-goers a preview of the monthly collections – which were created by eight designers and creative talents including Pierpaolo Piccioli, Simone Rocha, Craig Green and more – that will start rolling out in the summer.