Safilo is an Italian optical firm manufacturing and distributing high-end eyeglasses frames, sports activities goggles, sun shades and different eyewear equipment. Safilo was based by Guglielmo Tabacchi in 1934 after he acquired the primary Italian producer of frames and lenses that was lively since 1878. Safilo was listed public on Milan Stock Exchange in 1986, and is now nonetheless the world chief within the eyewear business.
Safilo presently operates beneath 5 home manufacturers and 28 licensed manufacturers that are all identified to consuming public. The personal manufacturers embody Safilo, Oxydo, Blue Bay, Carrera and Smith. The licensed manufacturers embody Armani, Boss, Dior, Gucci and so on. Through Safilo's profitable model portfolio technique, it penetrates into the high-end eyewear market, and occupies a big share within the world market.
The effectively-managed vegetation all through the globe guarantee Safilo to face nonetheless within the very aggressive luxurious optical markets. Safilo now owns 7 manufacturing factories, four in Italy, 1 in Slovenia, 1 in Salt Lake City of USA, and 1 in Suzhou China. Besides these personal vegetation, Safilo is outsourcing immense quantity of semi-finished elements from certified premium producers primarily in Asia. In order for sustainable growth, Safilo employs dozens of engineers and designers to do analysis on supplies and vogue traits to place Safilo on the aggressive edge.
Safilo distributes its eyewear by way of its 39 direct gross sales branches and networks of different native distributors to about 130 nations on the planet, and there are about 130,000 factors of buy the place shoppers can entry Safilo eyewear on the planet. Safilo additionally owns 300 retail chains in Europe, America and Asia promoting eyeglasses, sun shades and sports activities goggles.
In 2001, Safilo was de-listed in Milan after the Chairman Vittorio Tabacchi efficiently launched a takeover bid and bought the main shares of Safilo.