Safilo Terminates Licenses with Kering

Safilo will terminate its Alexander McQueen, Bottega Veneta, and Saint Laurent licenses with Kering SA at June's end and its Gucci license by 2015's end, according to a report by Reuters of India. Safilo will pick up a license to produce and distribute Gucci's Made in Italy brand from 2017 through 2020. These are some of the moves resulting from an agreement signed by Kering and Safilo back in September. Read more.