The exclusive deal is with Thailand-based Supreme Eyewear distributor.
Kronotime will distribute the eyewear collections made by Safilo in the South American country.
Safilo is targeting the female Millennial customer with this partnership.
The new location is dedicated to the management of the company’s U.S. wholesale business.
The Las Vegas trade fair showcased the latest in lens technology and next-generation wearables as well as fashion-forward trends.
Retail and luxury stocks were mostly on the rise.
Retail and luxury stocks were mostly down in late morning trading on Friday.
The group fell to a loss in the first as the end of the Gucci license and IT implementation problems hit the bottom line.
The new five-year agreement is to last until 2022.