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.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"