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Safilo Group has acquired a 61.34% equity interest in Miami- based Privé Revaux for $67.5 million. David Schottenstein, co-founder and CEO, retains 15.5%, while the rest is held by celebrities Jamie Foxx, Hailee Steinfeld and Ashley Benson, senior management, and others. Private equity fund TSG Consumer Partners and its affiliates sold their entire stake to Safilo and other equity holders. Celeb favorite Privé Revaux distributes through an array of channels and retailers, online and off. In 2019, it posted net sales of approximately $20 million. safilo.com

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