Safilo Group Announces The Relocation Of Its North American Headquarters In Parsippany, NJ, After Consolidating Its US Distribution Network Into Its Denver Facility

PARSIPPANY, N.J. and PADUA, Italy, June 19, 2015 /PRNewswire/ -- Safilo Group - the fully integrated Italian eyewear creator and worldwide distributor of quality and trust - has announced today the intent to relocate its North American headquarters which is currently co-located with a Distribution Center in Parsippany, NJ.

This follows the decision to simplify and streamline operationally its US Logistics and Distribution network, which will be run entirely out of its existing Distribution Center in Denver (Colorado). Following a carefully planned operational transition, the Parsippany Distribution Center will close by mid next year.

A relocation study for the Group's future North America headquarters has been launched involving an employee taskforce to identify the most attractive HQ location closer to New York City and better connect with Safilo's Fifth Avenue showroom. The study will conclude by this fall, and the move is anticipated within 2016.

"Safilo's business in North America is strong and growing. We start here with the worldwide simplification of our Logistics and Distribution network as per our 2020 Strategic Plan," comments Luisa Delgado, CEO of Safilo Group. "North America's leading eyewear retailers, trend setting design and innovation, and our Solstice Sunglasses shopper lab, offer important inspiration for our Group worldwide. We are also opening here our fourth global Design Studio, co-located within our NYC Showroom. A new North American headquarters offers further unique opportunity to re-invent ourselves and attract additional talent to build North America's future business growth."

The DC consolidation into Denver leverages Denver's already important track record in delivering customer service across the region. All Distribution Center employees in Parsippany are being offered the choice to relocate to Denver or alternatively to receive transition and outplacement support.

Safilo has been present in the US since 1986, and has been located in Parsippany since November 1997.

About Safilo Group
Safilo Group is the fully integrated Italian eyewear creator and worldwide distributor of quality and trust, leader in the premium sector for sunglasses, optical frames and sports eyewear. Design inspired and brand driven, Safilo translates extraordinary design into excellent products created thanks to a superior craftsmanship expertise dating back to 1878. Internationally present through 31 owned subsidiaries and exclusive distributors in key markets – in North and Latin America, Europe, Middle East and Africa, and Asia Pacific and China –, Safilo is committed to quality distribution in over 130 countries around the world. Safilo's portfolio encompasses proprietary brands – Carrera, Polaroid, Smith, Safilo and Oxydo – and licensed brands Dior, Dior Homme, Fendi, Gucci, Alexander McQueen, Banana Republic, Bobbi Brown, BOSS, BOSS Orange, Bottega Veneta, Celine, Fossil, Givenchy, HUGO, J.Lo by Jennifer Lopez, Jack Spade, Jimmy Choo, Juicy Couture, Kate Spade, Liz Claiborne, Marc Jacobs, Marc by Marc Jacobs, Max Mara, Max&Co., Pierre Cardin, Saint Laurent, Saks Fifth Avenue and Tommy Hilfiger.

Listed on the Italian Stock Exchange (ISIN code IT0004604762, Bloomberg SFL.IM, Reuters SFLG.MI), in 2014 Safilo recorded net revenues for Euro 1,178 billion.

Contacts:

Safilo Group Press Office
Milan – Ph. +39 02 77807607
Padua – Ph. +39 049 6986021

SOURCE Safilo Group