The Carrera brand was one standout in the quarter.
MILAN — The end of the Gucci license and complications following the implementation of a new information technology system at Safilo Group SpA's distribution hub in its home base of Padua heavily impacted the eyewear group's net sales and profitability in the first quarter.
Following the license termination and the IT complications — which led to a delivery backlog of as many as one million units of eyewear by the end of March — Safilo's net sales in the first three months of the year fell 21.3 percent to 237.3 million euros, or $251.5 million.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)