MILAN — Safilo Group showed resilience in the first quarter in North America and Europe, improving margins and cash generation in the period despite being impacted by currency headwinds. During a conference call with analysts and the press on Thursday at the end of trading, chief executive officer Angelo Trocchia touted the resilience of the Italian eyewear group’s business model, and its “solid brand portfolio and effective commercial execution.” He fielded several questions about the recent acquisitions, underscoring how these allow to “selectively grow” Safilo’s portfolio and leverage synergies. You May Also Like In February, Safilo revealed the purchase of additional shares in Inspecs Group plc representing around 5 percent of the company’s share capital, increasing its stake to 29.99 percent, and on April 21, it revealed the signing of an exclusivity agreement with Bollé Brands aimed at the acquisition of Spy+ and Serengeti.…