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Safilo information


Safilo Group S.p.A.
Company typePublic
Traded as
BIT: SFL
IndustryFashion, manufacturing
FoundedPieve di Cadore, Italy, in 1934
Headquarters
Padua
,
Italy
Area served
Worldwide
Key people
Angelo Trocchia (CEO), Eugenio Razelli (President), Guglielmo Tabacchi (Founder)
ProductsSport and fashion sunglasses, spectacle frames, ski helmets and goggles, bike helmets
ServicesOpticians, e-commerce
Revenue€1076.7 million (2022)[1]
Net income
€58.3 million (2022)[1]
Number of employees
<4500 (2021)[2]
Websitewww.safilogroup.com

Safilo Group S.p.A. (acronym of Società Azionaria Fabbrica Italiana Lavorazione Occhiali) is an Italian company that designs, produces, and distributes prescription frames, sunglasses, sports eyewear, ski goggles and helmets, and cycling helmets under its own five house brands and 32 licensed brands, including Smith Optics since 1996.

Safilo's products are manufactured in its own Italian facilities, with additional plants in China and the United States.[3] In the recent years Safilo sold or closed several of its plants,[4] Martingnacco, Italy in 2020,[5] Ormož, Slovenia in 2021,[6][7] and Longarone, Italy in 2023.[8] According to the 2023 Annual Report Safilo has wholly owned subsidiaries in 40 countries and more than 50 distribution partners in 70 countries.[3]

Safilo cuurently[when?] is the third largest company in eyewear. The company traditionally trailed Luxottica, later EssilorLuxottica, as the second largest company, though slipped to third when both LVMH and Kering began manufacturing eyewear for its brands rather than having Safilo produce eyewear for their fashion houses; Kering Eyewear subsequently became the second largest in 2022.[9][10][11]

  1. ^ a b "Financial Highlights". Retrieved 2023-12-19.
  2. ^ "Official Press Release". Retrieved 2024-01-24.
  3. ^ a b "Safilo Annual Report 2023" (PDF). Safilo Group, safilogroup.com. p. 28.
  4. ^ "Production Sites". Safilo. Archived from the original on 7 September 2009.[self-published source]
  5. ^ "Safilo Confirms the Sale of the Martignacco Production Site". Retrieved May 22, 2024.
  6. ^ "STA: Počivalšek visits Safilo as Ormož plant is slated for closure". english.sta.si. Retrieved 2024-05-22.
  7. ^ "Safilo and the Slovenian Trade Unions and Work Council Reach Agreement Regarding the Closure of the Production Site in Ormoz" (PDF). Retrieved May 22, 2024.
  8. ^ "Finalized the Transfer of the Longarone Plant" (PDF). Retrieved May 22, 2024.
  9. ^ WW, FashionNetwork com. "LVMH-owned Thélios reportedly interested in buying Safilo's Italian factory". FashionNetwork.com. Retrieved 2023-08-30.
  10. ^ Chevalier, Michel (2012). Luxury Brand Management. Singapore: John Wiley & Sons. ISBN 978-1-118-17176-9.
  11. ^ McCauley, Sean (2023-03-13). "Shop Sunglasses & Glasses". Pretavoir. Retrieved 2023-08-30.

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