Safilo Buys A Spanish Chain, Will Launch The Banana Republic License In 2007

After several years of negotiations, probably hampered by its cost containment efforts, Safilo signed a €23 million deal last Nov. 9 to take over Loop Vision, a chain of 61 high-end optical and sunglass stores in excellent locations throughout Spain with sales expected to reach €25 million this year. Safilo's ...

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