Handbags head to Washington, D.C., as agencies, brands and lobbyist groups plot testimony against Trump’s proposed tariffs on Chinese-made travel goods.
Safilo’s management provided some guidelines in an update on the 2020 Plan, which targets sales of 1 billion euros by that date.
The company has developed a technology derived from sugarcane to replace the petroleum-based material used in shoe soles.
The capital increase backed by venture capital firms Milano Investment Partners and P101 will help the start-up company’s expansion.
The watch group was the fair’s largest exhibitor, and its departure comes as brands increasingly are focused on selling direct to consumers.