Following the press release issued on 7 July 2023, Safilo Group S.p.A. informs that the Board of Directors, following the meeting held yesterday 9 July, has appointed Mr. Michele Melotti as Group CFO and Manager Responsible for the preparation of the company’s financial documents in accordance with Article 154-bis of theLegislative Decree 58/1998, with effect from 28 August 2023.
Such appointment followed the favourable opinion of the Board of Statutory Auditors and it is in accordance with theguidelines drawn up and discussed by the Board of Directors in 2021 with regards to the succession of the top managementand in respect of the professional requirements provided for by Article 21 of the Company By-Laws.
Mr. Melotti has a Degree in Business Economics from the University of Modena and Reggio Emilia and a Masters Degree in General Management from the University of Bologna. He began his professional career in KPMG Advisory S.p.A. and successively joined Safilo in 2012 where, during his 11 years with the Company, he has assumed roles of increasing responsibility within the Finance and Accounting function. In 2016 he was in fact appointed Senior Director Finance & Accounting Western Europe & Global Accounts and in 2019 he was appointed to his current role as Senior Director Group Controlling.
About Safilo Group
Established in 1934 in Italy’s Veneto region, Safilo Group is one of the eyewear industry’s key players in the design, manufacturing and distribution of prescription frames, sunglasses, outdoor eyewear, goggles and helmets. The Group designs and manufactures its collections by blending stylistic, technical and industrial innovation with quality and skillful craftsmanship. With an extensive global presence, Safilo’s business model enables it to monitor its entire production and distribution chain. From research and development in five prestigious design studios, located in Padua, Milan, New York, Hong Kong and Portland, to its company-owned production facilities and network of qualified manufacturing partners, Safilo Group ensures that every product offers the perfect fit and meets the highest quality standards. Reaching approximately 100,000 selected points of sale worldwide with an extensive wholly owned network of subsidiaries in 40 countries and more than 50 partners in 70 countries, Safilo’s well-established traditional wholesale distribution model, which encompasses eyecare retailers, chains, department stores, specialized retailers, boutiques, duty free shops and sporting
goods stores, is complemented by Direct-to-Consumer and Internet pure player sales platforms, in line with the Group’s development
strategies.
Safilo Group’s portfolio encompasses home brands: Carrera, Polaroid, Smith, Blenders, Privé Revaux and Seventh Street. Licensed brands include: Banana Republic, BOSS, Carolina Herrera, Chiara Ferragni, Dsquared2, Etro (starting from 2024), Eyewear by David Beckham, Fossil, havaianas, HUGO, Isabel Marant, Jimmy Choo, Juicy Couture, Kate Spade New York, Levi’s, Liz Claiborne, Love Moschino, Marc Jacobs, Missoni, M Missoni, Moschino, Pierre Cardin, PORTS, rag&bone, Tommy Hilfiger, Tommy Jeans and Under Armour.
The parent company, Safilo Group S.p.A., is listed on the Euronext Milan organized and managed by Borsa Italiana (ISIN code IT0004604762, Bloomberg SFL.IM, Reuters SFLG.MI). In 2022, Safilo Group recorded net revenues for Euro 1,076.7 million.