Top SGB Updates
Safilo Agrees To Sell Solstice Retail Business
Safilo Group announced Friday that it has reached an agreement to sell the U.S. retail chain Solstice to Fairway LLC, a U.S. limited liability company formed by a group of investors active in the U.S. and in the European eyewear retail business. The transaction is expected to be completed within the third quarter of 2019. Financial terms of the deal weren’t disclosed.
SGB Executive
Hibbett’s Digital Efforts Gaining Traction
For a company that admittedly was “late to the ballgame” with implementing all the digital capabilities a retailer should offer its customers in today's competitive landscape, Hibbett Sports Inc. has certainly made up for lost time. And the company showcased some of its recent digital advances during a stellar first quarter that topped revenue and earnings expectations.
