BUSINESS: Suppliers Safilo Group and Rag & Bone Announce Renewal of Their Eyewear Licensing Agreement By Staff Monday, October 24, 2022 12:24 AM NEW YORK and PADOVA, Italy—Safilo Group and rag & bone have announced the renewal of a multi-year global licensing agreement for men’s and women’s sunglasses and optical frames. The two companies’ first five-year licensing agreement commenced January 2018 and the renewal will be effective as of January 2023. “We are very pleased to continue our partnership with Safilo whose expertise and reputation as one of the world’s most skilled eyewear players is indisputable,” says Marcus Wainwright, rag & bone’s CEO, founder and chief brand officer. “Safilo has been a trusted collaborator for five years and we look forward to continuing our partnership, pushing the envelope of rag & bone eyewear with a shared dedication to quality and attention to detail,” Wainwright said. Angelo Trocchia, CEO of Safilo Group, said, “The renewal of the rag & bone licensing agreement is the result of a successful partnership that perfectly aligns with our portfolio strategy of offering locally relevant eyewear brands. The brand speaks to a precise fashion customer; it’s designed out of our New York design studio and the close collaboration with the fashion house has provided us the unique ability to successfully capture and translate rag & bone’s directional design and effortless urban style.” Eyewear collections from rag & bone are distributed in all rag & bone directly operated stores, its e-commerce site at www.rag-bone.com, boutiques, department stores and better optical stores worldwide. Safilo Group S.p.A., (Bloomberg SFL.IM,) , a major eyewear and sunwear company, operates five design studios, located in Padua, Milan, New York, Hong Kong and Portland, along with its company-owned production facilities and network of qualified manufacturing partners. Safilo Group is listed on the Euronext Milan organized and managed by Borsa Italiana. In 2021, Safilo Group recorded net revenues of €969.6 million.