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Announced

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Italian Target completed the acquisition of 50% stake in TBD Eyewear.

Synopsis

Italian Target, a fashion company specializes in high-quality men's fashion, completed the acquisition of 50% stake in TBD Eyewear, an Italian brand known for its handcrafted, high-quality eyewear. Financial terms were not disclosed. "I am very pleased to start a new phase of TBD with Tomik. His enthusiasm for the brand, his international experience, and the expertise he has gained in the fashion industry convinced me that we share the same sensitivity toward this product and the great potential of the brand. We will consolidate our market presence and work immediately to expand the range of products and services offered," Fabio Attanasio, TBD Eyewear Founder.

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