Kontoor Brands Signs Licensing Deal With FGX International for Wrangler-Branded Eyewear
MT Newswires Live
May 15
Kontoor Brands' (KTB) Wrangler denim brand has signed a licensing partnership with EssilorLuxottica's FGX International to make Wrangler-branded sunglasses and reading glasses, FGX said Friday.
Financial terms were not disclosed.
Some of the styles of glasses are already available in stores in North America and Latin America, with distribution to expand during the year, FGX said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.