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Reuters
Published
Nov 26, 2013
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Safilo signs men's eyewear agreement with Kate Spade

By
Reuters
Published
Nov 26, 2013

Italian eyewear company Safilo signed an agreement to design, make and sell men's eyeglasses for Fifth & Pacific Cos Inc's Kate Spade in North America, the two companies said on Monday.

Kate Space current collection | Source: Kate Spade

Under the new agreement, Safilo, which also makes eyewear for Dior and Gucci, will create and distribute eyewear for men's brand Jack Spade for five years.

The companies also extended a licence agreement under which Safilo already makes and sells women's glasses with the Kate Spade brand by three years to 2018.

"We are extremely pleased to expand this very successful longstanding partnership that has excellent growth expectations. Jack Spade creates new opportunities to enhance the male segment of our portfolio that has tremendous potential, with a stylish yet timeless, functional brand that has a sense of fun. The prolongation of our Kate Spade licensing agreement by three years is particularly pleasing for us, confirming the incredible success we are having together," said Luisa Delgado, CEO of Safilo Group.

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