Safilo acquired Solstice in 2002[1] and sold it to Fairway LLC in 2019 for $9 million.

[3] On August 5, 2021, Solstice exited from Chapter 11 bankruptcy after they got a $6.5 million lifeline from financial institution Second Avenue Capital Partners.

[4] On December 15, 2022, non-bank capital lender GemCap Solutions provided a $7 million line of credit to Solstice.

[5] In 2020, Solstice was sued by the owner of the Palisades Center mall and its guarantors for refusal to pay rent for almost a year.

The lawsuit states that Solstice owes the mall nearly $100,000, and that they have not paid rent since March 1, 2020.