MILAN — Safilo Group shares tumbled on Friday, declining as much as 7 percent and closing down 5.33 percent to 4 euros following the release of the firm’s first-half figures a day earlier that showed a steeper loss and a fall in revenues.
In the six months ended June 30, the adjusted net loss totaled 10.4 million euros, compared with a net loss of 6.6 million euros in the first half of 2017, and a 10 percent decrease in sales to 492.2 million euros, as reported. The conference call with analysts held Friday morning to present the update on the 2020 plan did not help ease concerns about the Italian eyewear-maker as chief executive officer Angelo Trocchia said the company was looking at streamlining the organization and cutting costs and that a meeting with the unions was planned for later in the day.
The iconic Tiffany & Co. Fifth Avenue flagship will have a whole new look come 2021, reports @mistywhitesidell . The 10-story store is being expanded and renovated under the vision of chief artistic officer, Reed Krakoff. #wwdnews
“I feel like the [Emmy] nomination is this absurdly generous bonus to something that I’ve already been excited by for quite some time now,” Darren Criss tells @ktauer about his nomination for his role as Andrew Cunanan in The Assassination of Gianni Versace: American Crime Story, “My general attitude toward life is I hope for everything but expect nothing. But when you’re playing for the Warriors, there’s a good chance you’ll make it to the championships. And I’m not saying I’m Steph Curry, but when you’re on [showrunner] Ryan Murphy’s team, it seems more palpable than ever,” he continues. (Criss previously starred on “Glee,” another Murphy creation, although they didn’t directly work together.) “I feel like I’ve already won the lottery.” Read more in WWD.com (📸: @lexieblacklock ) #wwdeye #darrencriss #americancrimestory #emmys2018