A VISIONARY IN EYEWEAR

Safilo’s industrial plant in Longarone, Italy may have found its white knights. LVMH Moët Hennessy Louis Vuitton and Marcolin are in advanced discussions with Safilo to take over the plant and its employees whose future, as reported, is uncertain.

The eyewear manufacturer, licensee for brands including Boss, Dsquared2, Missoni and Tommy Hilfiger, among others, said that it had “given the management a mandate to explore alternative solutions for the Longarone plant.”

A total of 468 employees are based at the storied Longarone site, in Italy’s Veneto region, one of the country’s key eyewear manufacturing hubs.

Antonio Belloni sharing the luxury conglomerate’s willingness to hire 250 people currently employed at the Longarone plant through its Thélios eyewear manufacturing company.

The French group has been at the forefront of the eyewear landscape since 2018 when it formed the Thélios joint venture with Marcolin. In 2021 LVMH took full control of that venture after agreeing to purchase Marcolin’s 49 percent stake in the business for an undisclosed sum.So the lord will take the European Eyewear  hostage,And in the process take a few customers from the Kering group.