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Safilo and Dsquared2 Renew Global Licensing Agreement for Eyewear

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Safilo and Dsquared2 Renew Global Licensing Agreement for Eyewear

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Safilo Group SpA ( (IT:SFL) ) has provided an announcement.

Safilo Group and Dsquared2 have announced the early renewal of their global licensing agreement for Dsquared2 branded eyewear, extending their collaboration until the end of 2031. This renewal underscores the successful partnership between the two companies, enhancing the brand’s global presence and consolidating its market position by leveraging Safilo’s extensive distribution capabilities and innovative design approach.

More about Safilo Group SpA

Safilo Group is a significant entity in the eyewear industry, specializing in the design, manufacture, and distribution of a diverse array of products including prescription frames, sunglasses, outdoor eyewear, goggles, and helmets. With a robust global presence, the company combines Italian design with technical and industrial innovation. Safilo operates a comprehensive distribution network that reaches approximately 100,000 sales points worldwide, encompassing various sales platforms and channels.

YTD Price Performance: 13.33%

Average Trading Volume: 35,231

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €422.5M

See more data about SFL stock on TipRanks’ Stock Analysis page.

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