Growing revenues and the inauguration of new stores for Fedon

Giorgio Fedon & Figli ended the first quarter of 2016 with a turnover of 17.2 million Euro characterised by a growth in revenues from the optical wholesale channel and the leather goods industry (+ 6.1%), as well as a substantial growth in the direct retail channel (+ 57.2%), represented by the network of Fedon stores at airports and major railway stations that now counts 16 stores. “The new Fedon eyewear collection was presented at the Mido in March. One year after the presentation of our first eyewear collection, its success has been well beyond our expectations,” said the chairman Callisto Fedon. “The network of Fedon single-brand stores will be increased in 2016 with the inauguration of three new prestigious stores,” added the new CEO Maurizio Schiavo, “bringing the total number of single-brand stores to 19 units. The first will be opened before the end of May at the Sicily Outlet Village in Agira, while the other two will be opened at the airports of Hong Kong and Turin Porta Nuova”.