Safilo to Launch Dior Eyewear in India this Year
Italian eyewear company Safilo, which owns licences of designer eyewear brands like Fendi, Gucci and Dior, plans to expand in India and bring its entire portfolio of 30 brands here by 2020. “By the end of this year we will bring Dior eyewear to India and over the next few years we will bring all our 30 brands here. Currently, we retail 17 brands here,” Luisa Delgado CEO of Safilo said. As part of its vision 2020, the firm is looking to raise the share of its own brands from 23% to 40%. The 3 billion company owns brands, Carrera, Polaroid, Smith, Safilo and Oxydo and retails the licensed branded collections of Dior, Fendi, Gucci, Banana Republic, Bobbi Brown and Boss.