Visibilia has announced the inauguration of a new 5,000-square-meter headquarters in Marghera, Italy, close to the company's current head office. Coming just three years after Dan Levi, the group's chairman, closed a plant in Taibon Agordino in the province of Belluno, the news comes as something of a surprise. Levi's decision to close the Belluno plant provided Visibilia with a long-awaited pre-tax profit of €1 million in 2006. For 2007 the company has merely announced that it made a profit before amortization and depreciation. Turnover for 2007 amounted to €37.5 million, of which €27.2 million was generated by the parent company, Visibilia Spa, up by 26 percent year on year. The company maintains its 2010 sales target of €50 million. Domestic sales of the group's licensed brands jumped by 43 percent compared with 2006. The latter include Jeckerson, Blumarine, Blugirl, Laura Biagiotti, Mandarina Duck, Trussardi, and the first collection of St. John eyewear, which is meant for exclusive distribution in the brand's U.S. stores.