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Management
Safilo 2023 profit plunges 76 percent
Safilo Group closed the year 2023 with net sales of 1,024.7 million euros, down 2.3 percent at constant exchange and 4.8 percent at current exchange rates. Its full-year adjusted net profit declined by 76 percent to 14 million euros, while its adjusted core profit stood at 92 million euros, down 9.1 percent year on year. In the year, the company...
Management
Tilly’s reports difficult Q4, comparable sales decrease 8.8 percent
Tilly’s net sales were 173 million dollars in the fourth quarter, a decrease of 7.3 million dollars or 4.1 percent, while comparable net sales, including both physical stores and e-commerce decreased by 8.8 percent. Full year net sales were 623.1 million dollars, a decrease of 49.2 million dollars or 7.3 percent, while comparable net sales,...