All Thélios articles – Page 2
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ArticleEyewear companies climb in Deloitte luxury players’ ranking
Along with Thélios and Kering Eyewear, the eyewear subsidiaries of LVMH and Kering, three Italian-based eyewear manufacturers have been listed in the 2022 edition Deloitte’s “Global Powers of Luxury Goods”, an annual report ranking the 100 largest luxury companies in the world. Companies were ranked according to their consolidated sales ...
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News briefsPublic gets a look at Thélios and other LVMH brands
Thélios was among the many LVMH brands – from perfumeries Dior and Guerlain to watchmaker Tag Hauer and spirits specialist Hennessy – to open its doors to the public for the so-called “Journées Particulières” on Oct. 14-16. Some 600 visitors got a peek at the Thélios eyewear factory in Longarone, ...
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News briefs
LVMH fashion & leather goods unit up 31% in H1
Revenues of LVMH’s fashion and leather goods’ division jumped by 31 percent year-on-year to €18.2 billion for the first half of 2022. On an organic basis, sales were up by 24 percent. Louis Vuitton, Christian Dior, Fendi, Celine, Loro Piana and Loewe were said to perform particularly well. The group ...
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News briefs
Bernard Arnault to reinforce control over LVMH parent company
The French businessman Bernard Arnault plans to transform Financière Agache, a family holding company which controls the French luxury goods conglomerate LVMH, into a limited partnership. The move will enable the businessman and his five children to maintain control over the group, including Thélios. LVMH took full control of the ...
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News briefs
Thélios acquires metal working specialist
Thélios has announced the acquisition of Metallart, a company specialized in artisanal metal working, such as shearing and coining, for the eyewear industry. Founded in 1976, the company is based near the LVMH eyewear subsidiary’s factory in Longarone, Italy. Thélios said that the acquisition enabled it to bring in-house specific ...
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News briefsThélios has a new CEO
LVMH has hired Alessandro Zanardo as CEO of Thélios. Zanardo has spent the past 11 years at Luxottica, serving, in reverse chronology, as general manager of Luxottica Brazil, country manager of Luxottica South Africa, director of business development for Luxottica Russia, and business planner for wholesale global channels and emerging ...
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ArticleLVMH takes full control of Thélios
LVMH and Marcolin have announced in a short common statement last Friday the end of their joint venture partnership in Thélios, with the French luxury group purchasing the 49 percent share of Marcolin in the company. No financial details were disclosed. LVMH, which becomes the sole owner of Thélios, said ...
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News briefs
Thélios and Givenchy announce license partnership
Thélios, the joint venture between LVMH and Marcolin, and the French fashion brand Givenchy have announced a multi-year global license agreement for the design, production and distribution of Givenchy Eyewear, starting Jan. 1, 2022. The eyewear collections will be designed in collaboration with Matthew M. Williams, Givenchy’s creative director, and ...
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ArticleThélios, Mazzucchelli, Eastman to work on sustainable innovation
Thélios , the Italian eyewear manufacturer resulting from a joint venture between LVMH and Marcolin , the Italian acetate-sheet manufacturer Mazzucchelli 1849 and the American specialty chemical group Eastman have joined forces to develop sustainable innovation in the eyewear industry. “Sustainability has become a business imperative. We ...
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News briefs
Thélios launches the eyewear brand 9.81
Thélios , the joint venture between the French luxury goods conglomerate LVMH and Marcolin , launched the men’s luxury eyewear brand 9.81 , its first independent label. So far, the Italian eyewear manufacturer, which was created in 2017, has produced collections for LVMH brands. The eyewear-only brand ”tells the ...
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News briefs
Thélios in license agreement with Stella McCartney
The Italian eyewear group Thélios has entered an exclusive, long-term partnership with the British designer Stella McCartney . Under the agreement, Stella McCartney will collaborate with Thélios on sustainable innovation in the eyewear category. Thélios will develop, manufacture and distribute Stella McCartney eyewear beginning with the spring/summer 2021 ...
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News briefs
Thélios in license agreement with Rimowa
Thélios , the Italian joint venture between the French luxury goods group LVMH and the Italian eyewear manufacturer Marcolin , has entered an exclusive design, production and distribution partnership with Rimowa , a German manufacturer of high-quality luggage which has been part of the LVMH group since 2016. It ...
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News briefs
LVMH saw ‘rather vigorous’ signs of recovery in June
The French luxury goods group LVMH says that it does not have a timeframe for when its business will return to normal but it noted “rather vigorous” signs of recovery in June. Speaking at the group’s annual general meeting, its chairman and chief executive Bernard Arnault warns ...
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