MILAN — Despite a solid performance of its licensed business and growth in Asia and the U.S., Safilo Group SpA in the first six months of the year reported a 31.2 percent decrease in net profit, which totaled 21.5 million euros, or $27.7 million, compared with 31.3 million euros, or $45.3 million, in the same period last year.
In the period ended June 30, revenues gained 1.7 percent to 613.3 million euros, or $791.1 million, compared with 603.3 million euros, or $874.8 million, in the same period last year.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)