By  on May 24, 2019

MILAN – Shares of Safilo Group climbed 4.77 percent to 1.03 euros one hour after the bourse opened here, following the signing of an agreement to sell its U.S. retail chain Solstice to Fairway LLC.

Fairway is a U.S. limited liability company, formed by a group of investors active in the U.S. and in the European eyewear retail business.

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