MILAN — Safilo has a new investor as it prepares for the race to gain Giorgio Armani’s eyewear license.
The Padova-based eyewear maker, which sources continue to point to as the front-runner for the Armani licenses, said in a statement Wednesday that Credit Suisse First Boston Private Equity has become a minority shareholder, investing $276.6 million. All figures are converted from the euro at current exchange rates.
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)