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Moody’s upgrades Safilo’s rating

 Padua, May 27, 2014 – Moody’s has communicated the upgrade of Safilo’s long-term corporate credit rating from ‘B2’ to ‘B1’, reflecting “both the company’s diminished refinancing risk, following its recent bond issue, and its stable operating performance”.
Moody’s indicated a positive outlook.

About Safilo Group
The Safilo Group is worldwide leader in the premium eyewear sector for sunglasses, optical frames and sports eyewear. With an international presence through 30 owned subsidiaries in primary markets – in America, Europe and Asia – and exclusive distributors, Safilo produces and distributes its proprietary brands – Carrera, Oxydo, Polaroid, Safilo, Smith Optics – and the licensed brands Alexander McQueen, Banana Republic, Bobbi Brown, BOSS, BOSS Orange, Bottega Veneta, Céline, Dior, Fendi, Fossil, Gucci, 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. For further information

Last update: 27/05/2014, 08:14

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