MILAN — Safilo Group SpA will not sell house brand Carrera and is highly unlikely to sell the Smith brand — even if the latter remains a possibility — to reduce crippling debts.
“Safilo Group SpA categorically denies the potential sale of the Carrera brand. With reference to Smith, the company clarifies that a potential sale, while possible, remains highly unlikely and completely residual in the context of a possible plan to restructure the group’s debt,” Safilo stated Wednesday.
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