Sponsors
Billabong ▲ +0.025 | PPR ▲ +4.25 | American Apparel ▼ -0.015 | The Buckle ▼ -0.49 | Columbia ▼ 0.00 | Deckers Outdoor ▼ -1.20 | Dicks ▲ +0.71 | Foot Locker ▼ -2.45 | Genesco ▲ +1.13 | Iconix Brand Group ▲ +0.08 | Jarden Corp ▼ -0.14 | Nordstrom ▲ +0.12 | Luxottica ▲ +0.99 | Nike ▲ +0.12 | Pacific Sunwear ▲ +0.12 | Skullcandy ▲ +0.13 | Sport Chalet - 0 | Urban Outfitters ▼ -0.13 | VF Corp ▲ +0.25 | Quiksilver ▲ +0.01 | Zumiez ▲ +0.17 | Macys ▲ +0.48 | Tillys ▲ +0.09 |
Ticker Sponsor
Readers Say
The first thing I look at
The first thing I look at

I find Shop-Eat-Surf to be a very useful and informative site that I enjoy browsing daily. Shop-Eat-Surf is the first thing I look at every morning to keep up-to-date on the latest talk, events, and happenings in the industry. I must say I am a fan of Shop-Eat-Surf.

- By Bobby Abdel, Partner, Jack's Surfboards
The one, undisputed leader
The one, undisputed leader

It is common knowledge in our industry that there is one undisputed leader in reporting on the topics, businesses and trends that impact all of us the most, and it is shop-eat-surf.com. Their access to those who make our industry happen is second to none, and we value not only the content of their reporting but the editorial thought on what it all means both in the present as well as the future. If we were asked to give a rating, it would be five out of five stars.

- By Craig Levra, CEO, Sport Chalet
Industry Insight

SIA SNOW SHOW: New "Industry + Intelligence" seminar on January 28.
FSG LAWYERS: Represented Brixton in recent transaction with Altamont Capital.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

Smith parent buys polarized brand

By Tiffany Montgomery
November 18, 2011 6:00 AM

Italian eyewear company Safilo Group, owner of Smith Optics and many other brands, announced Thursday it plans to acquire Polaroid Eyewear from StyleMark for $87.5 million.

 

Polaroid specializes in polarized sunglasses and is expected to have revenue of $63 million in 2011, and EBITDA of $8.6 million.

 

Safilo sees a lot of growth potential for the brand, especially outside of Europe, where Polaroid is underrepresented, the company said in a press release.

 

Other brands Safilo owns include Carrera, Smith Optics, Oxydo and Blue Bay. It also has the license for several brands, including Alexander McQueen, Balenciaga, Banana Republic, Bottega Veneta, BOSS Black, BOSS Orange and Dior.

 

Luxottica, owner of Oakley, is a major competitor.

 


Articles You Might Have Missed