MILAN — While designers such as Dan and Dean Caten of Dsquared2, who launched their collection of frames at the Mido eye fair here, feel eyewear offers the finishing touch to accessorizing an outfit, the sector hasn’t been immune from the global financial woes.
The category took a beating in the fourth quarter and is showing no signs of recovery. Italian eyewear production, which accounts for roughly half the world’s licensed output, is expected to fall by double digits in the first quarter, as global demand continues to wane, according to Italian industry body ANFAO.
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