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The latest update is out from Safilo Group SpA ( (IT:SFL) ).
Safilo Group and Carolina Herrera have renewed their global license agreement for Carolina Herrera branded eyewear collections until December 2031. This renewal underscores the successful collaboration since 2022, aiming to expand into high-potential markets and enhance brand identity through innovative and modern eyewear collections. The partnership is expected to strengthen Safilo’s market position and contribute significantly to Carolina Herrera’s strategic product portfolio.
The most recent analyst rating on (IT:SFL) stock is a Buy with a EUR1.40 price target. To see the full list of analyst forecasts on Safilo Group SpA stock, see the IT:SFL Stock Forecast page.
More about Safilo Group SpA
Safilo Group is a global leader in the eyewear industry, specializing in the design, production, and distribution of sunglasses, optical frames, helmets, masks, and outdoor glasses. With a strong focus on innovation and responsibility, Safilo integrates Italian design with digital platforms to enhance customer experience. The company operates a comprehensive production-distribution chain and maintains a diverse brand portfolio, including both owned and licensed brands, reaching a vast global market.
YTD Price Performance: -12.02%
Average Trading Volume: 993,170
Technical Sentiment Signal: Sell
Current Market Cap: €339.7M
For detailed information about SFL stock, go to TipRanks’ Stock Analysis page.