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Safilo America, Inc history
Safilo America, Inc company history timeline
Back in Italy, Safilo added a new factory operation, in Martingnacco-Udine, in 1980, dedicated to the production of metal components for eyeglass frames.
1984: The company adds a dedicated division for designer eyewear, Optifashion.
Safilo's designer business also brought it to the United States, where it acquired 50 percent in New Jersey-based eyeglasses company Starline Optical, which was building up its own selection of designer eyewear, such as a line of Calvin Klein-designed styles launched in 1985.
By 1986, Safilo had acquired full control of Starline, giving it one of the largest eyewear distributors in the United States market.
Safilo moved to gain a place in this market as well, acquiring the Friuli, Italy-based Oxsol, a specialist in sunglasses manufacturing, in 1987.
1990: The company opens a new headquarters building in Padua.
2000: The company acquires Maxima, a specialist in eyeglass coating and coloring, based in Longarone.
In the end, Vittorio prevailed, buying up Giuiliano's stake in the company, before gaining complete control of Safilo in 2001.
As Safilo turned to the new century, its sales had neared EUR 850 million and were expected to near the EUR 1 billion mark by the end of 2002.
In October of that year, Vittorio Tabacchi acknowledged his intention to return the company to the stock market, forecasting a new listing by as early as 2005.
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