Safilo Signs Agreement to Sell Solstice Retail Business

Friday, May 24 2019 | 08 h 36 min | News, Press Release

Safilo Group announces that it has reached an agreement to sell the US retail chain Solstice to Fairway LLC, a US limited liability company, formed by a group of investors active in the US and in the European eyewear retail business. The transaction is expected to be completed within the third quarter of 2019.

The sale of the Solstice retail business confirms the Group’s efforts to focus on its core wholesale business, and thereby marks a further key step in Safilo’s strategy of recovering a sustainable economic profile.

Source: Safilo

Featured Posts

Voila November-December 2024 WestGroupe Kliik K-774

Striking Retro Glam by KLiiK denmark

K-774’s retro-inspired look features patterned base acetate and custom lamination on the temple, creating a striking look where colours blend seamlessly.

Learn More

Night vision technology view through a night vision device, showing a person standing on rocky terrain with trees in the background. The image is green-tinted with a grid overlay, typical of night vision imagery.

ABCs of Optics: N is for Night Vision (part 3 of 3)

Delve into the world of night vision technology. From thermal imaging to infrared systems, explore how these innovations improve our ability to see in the dark.

Specsavers Named as One of the Best Places to Work in the World

Specsavers has been ranked 16th in the Fortune World’s 25 Best WorkplacesTM in 2024.

NOW Trend Showcase Sees Exciting Surge in Submissions for Vision Expo East 2025 in Orlando!

Vision Expo East, organized by co-owners RX and The Vision Council, announces that submissions are now open for the highly anticipated NOW Trend Showcase and Awards at Vision Expo East 2025, taking place in Orlando, FL.

AOQ to Challenge Ministerial Order Compelling It to Participate in Public Health Plan

The Association des optométristes du Québec (AOQ) will take the relevant legal measures to challenge the validity of the government’s ministerial order preventing optometrists in the province from exercising a right to which they are entitled: to opt out of the public health plan.

Striking Retro Glam by KLiiK denmark

K-774’s retro-inspired look features patterned base acetate and custom lamination on the temple, creating a striking look where colours blend seamlessly.

Learn More

ABCs of Optics: N is for Night Vision (part 3 of 3)

Delve into the world of night vision technology. From thermal imaging to infrared systems, explore how these innovations improve our ability to see in the dark.

Specsavers Named as One of the Best Places to Work in the World

Specsavers has been ranked 16th in the Fortune World’s 25 Best WorkplacesTM in 2024.

NOW Trend Showcase Sees Exciting Surge in Submissions for Vision Expo East 2025 in Orlando!

AOQ to Challenge Ministerial Order Compelling It to Participate in Public Health Plan

Striking Retro Glam by KLiiK denmark

K-774’s retro-inspired look features patterned base acetate and custom lamination on the temple, creating a striking look where colours blend seamlessly.

Learn More

ABCs of Optics: N is for Night Vision (part 3 of 3)

Delve into the world of night vision technology. From thermal imaging to infrared systems, explore how these innovations improve our ability to see in the dark.

Specsavers Named as One of the Best Places to Work in the World

Specsavers has been ranked 16th in the Fortune World’s 25 Best WorkplacesTM in 2024.

NOW Trend Showcase Sees Exciting Surge in Submissions for Vision Expo East 2025 in Orlando!

AOQ to Challenge Ministerial Order Compelling It to Participate in Public Health Plan

Striking Retro Glam by KLiiK denmark

K-774’s retro-inspired look features patterned base acetate and custom lamination on the temple, creating a striking look where colours blend seamlessly.

Learn More

ABCs of Optics: N is for Night Vision (part 3 of 3)

Delve into the world of night vision technology. From thermal imaging to infrared systems, explore how these innovations improve our ability to see in the dark.

Specsavers Named as One of the Best Places to Work in the World

Specsavers has been ranked 16th in the Fortune World’s 25 Best WorkplacesTM in 2024.