All Thélios articles
-
News briefs
LVMH’s Pucci eyewear license stays with Marcolin
Marcolin has announced the renewal of its exclusive eyewear license agreement with Pucci, a brand of LVMH Group’s portfolio, for the design, manufacturing and global distribution of the brand’s sunglasses and optical frames. The relationship between Pucci and Marcolin started in 2015 and the license has been renewed until Dec. ...
-
News briefs
Thélios relaunches Tag Heuer eyewear
Thélios and Tag Heuer, two entities of French luxury group LVMH, have announced their licensing agreement for the design, production and distribution of Tag Heuer-branded eyewear. The first collections, which the partners said would build on “the brand’s undisputed eyewear legacy,” will be revealed during LVMH Watch Week on Jan. ...
-
News briefs
Bags and accessories’ luxury sales up 15 % in 2022
Luxury good sales in the bag and accessories segment, in which eyewear is included, went up by 15.3 percent year-on-year to $3.6 billion in 2022 according to Deloitte’s annual ranking of the hundred largest luxury companies worldwide. The category, which accounts for approximately 1 percent of total luxury goods’ sales, ...
-
News briefs
Thélios launches Middle East branch
Thélios has officially launched its Middle East subsidiary with an event at the Dubai Opera Garden gathering the company’s management, clients and the media for the presentation of the Spring 2024 collections. Thélios’ subsidiary will be located in the Dubai Design district and operational from Jan. 1, 2024. It is ...
-
ArticleThélios acquires Barton Perreira
Thélios, the eyewear entity of LVMH, has announced the signature of an agreement to acquire Barton Perreira, the U.S.-based luxury eyewear brand. The acquisition follows only a few weeks after that of Vuarnet, the French high-end sports eyewear brand, underlining the expansion of Thélios’ business into proprietary brands and designer ...
-
News briefs
Thélios opens subsidiary in Mexico
Thélios has announced that it has opened a new subsidiary in Mexico at the start of this month, taking over from the previous distribution by Marcolin. This is the first branch for the company in the Central Latin American region. The new office and showroom is located at the ”Castelar ...
-
ArticleSafilo reaches deal with Thélios, Innovatek for Longarone plant and workers
Safilo Group said it has reached an agreement with Thélios, the eyewear business of the French luxury goods group LVMH, and Innovatek, an eyewear company owned by the businessman Carlo Fulchir, to guarantee the future of its Longarone facility and to relocate the 444 workers currently employed at the site ...
-
ArticleThélios opens portfolio to proprietary brands with Vuarnet acquisition
Thélios, the eyewear company of French luxury group LVMH, has announced its acquisition of Vuarnet from NEO Investment Partners, the U.K.-based investment fund that owned the brand since 2013. This marks the first brand acquisition by Thélios whose portfolio included exclusively fashion brands from its parent company until now. Thélios ...
-
News briefs
Class action filed in the U.S. against EssilorLuxottica and other eyewear and luxury groups
A consumer antitrust class action was filed last Friday at the US District Court, in the Northern District of California (San Francisco), against EssilorLuxottica and over 50 companies in the eyewear and luxury sectors for anticompetitive practices, Bloomberg and other U.S. media report. The Italo-French group is reportedly presented by ...
-
ArticleSafilo close to a complete solution for its Longarone plant
The Safilo Group seems to be coming closer to a satisfactory solution for its industrial site in Longarone, Italy, which the company said it would need to divest at the start of the year due to a “persistent production overcapacity.” Just a few days after confirming talks with Thélios, LVMH ...
-
News briefs
Safilo officially in talks with Thélios for Longarone plant
Safilo Group has officially confirmed that it was engaged in advanced negotiations with Thélios, the LVMH group’s eyewear unit, for the transfer of its Longarone facility, a plant focusing on the production of metal frames. The group stressed that this would allow to preserve the plant’s know-how and retain a ...
-
ArticleEU publishes alarming counterfeiting survey, ramps up IP platform
The European Union Intellectual Property Office (EUIPO), the European office in charge of intellectual property (IP) and anti-counterfeiting, has announced that it is preparing the launch of a new open-source and blockchain-based platform which is aimed at ensuring product authenticity through information sharing at every step of the supply chain. ...
-
News briefs
Thélios opens Benelux branch
Thélios, the eyewear division of the LVMH group, has announced the opening on July 1 of a subsidiary in the Benelux for the distribution of its collections in Belgium, the Netherlands and Luxembourg. The operation will be based in Belgium. Thélios’ distribution in the region was still managed by Marcolin, ...
-
News briefsThélios updates visual identity with LVMH baseline
Thélios has unveiled its new corporate visual identity during its convention in Rome where the company presented the new Fall 2023 eyewear collections of its Dior, Fendi, Celine, Loewe, Givenchy, Stella McCartney, Kenzo and Fred brands. The main change consists of the addition of the ”LVMH Eyewear Excellence” baseline to ...
-
News briefs
LVMH brings Bulgari eyewear license home
Thélios, the eyewear division of LVMH, has announced the signature of a new eyewear license with Bulgari, also an entity of the French luxury group. The agreement will start on January next year and includes the design, production and distribution of Bulgari-branded eyewear. The announcement was widely expected following the ...
-
News briefs
Safilo reportedly in advanced talks to sell Longarone plant
Safilo management has told unions that it is in “advanced talks” to sell its factory in Longarone, according to Italian news reports, which note that Thélios is now widely considered to be the frontrunner to purchase the plant. According to the newspaper Corriere delle Alpi, Thélios could also take on ...
-
News briefs
Essilux-Bulgari eyewear license to expire at the end of the year
Italian news agency Ansa and other media in the country report that the eyewear license between Bulgari, a brand of the LVMH group, and EssilorLuxottica will not be extended when it expires at the end of this year. It seems very likely that Thélios, the eyewear division of LVMH, will ...
-
ArticleSafilo turns to luxury eyewear and fashion companies for its Longarone plant
Angelo Trocchia, CEO, indicated that the company is evaluating the “potential transfer of the Longarone plant to third parties with a view to preserving the know-how of the site and minimizing the social impact on the territory”. Trocchia, who was speaking during a capital markets day with analysts following the ...
-
News briefs
Thélios and Vogue Business partner for series of luxury eyewear talks
Thélios has announced the launch of an international series of industry talks in partnership with Vogue Business, a B2B digital information service and a sister publication of Vogue fashion magazine. Dubbed Vogue Business x Thélios Talks: Framing the future of luxury eyewear, the talks will be held during the Thélios ...
-
News briefs
New VP of sales for Thélios in the U.S.
Luxury eyewear company Thélios has appointed Cedric Moreau as its new vice president of sales for the optical channel in the U.S. Moreau’s career in the eyewear industry luxury segment spans over 25 years. The French executive started his career at Alain Mikli and has been Mykita’s managing director for ...
