After a 15-year partnership with its Croatian distributor in Parendo, De Rigo has acquired a 100 percent stake in the Croatian company and is keeping ten of its employees. In five years' time the group expects to reach annual turnover of €20 million in the country. Separately, De Rigo has renewed its licensing agreement with Furla for a further 5 years and is targeting total sales of €35 million with the Italian brand over the 5-year period, which makes for growth of up to 30 percent.