Safilo and Under Armour Extend Eyewear Partnership Until 2031

Safilo Group SpA ( (IT:SFL) ) has shared an announcement.

Safilo Group and Under Armour have renewed their global license agreement for Under Armour’s eyewear collections until 2031. This partnership, initiated in 2020, will continue to deliver versatile and innovative eyewear designed for athletes, leveraging Under Armour’s consumer base. The renewal underscores a shared commitment to quality and performance, aiming to redefine the boundaries of eyewear and enhance the market position of both companies.

More about Safilo Group SpA

Safilo Group is a leading global player in the eyewear industry, known for its design, production, and distribution of sunglasses, optical frames, and other eyewear products. With over 90 years of experience, the company integrates Italian design and industrial innovation with digital platforms, offering a comprehensive production-distribution chain that spans research, production, and global distribution. Its brand portfolio includes proprietary and licensed brands, and it operates through direct branches and a network of partners worldwide.

YTD Price Performance: 3.22%

Average Trading Volume: 46,029

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €403.9M

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