Jones Group (JNY) Enters Exclusive License Agreement with Altair for Anne Klein Eyewear

September 4, 2012 10:08 AM EDT
The Jones Group Inc. (NYSE: JNY) has entered into an exclusive, world-wide license agreement with Altair, a division of Marchon Eyewear, Inc. ("Marchon") for the creation, production, marketing and global distribution of ophthalmic eyewear and sunglasses under the Anne Klein brand. Altair is known as a highly regarded manufacturer and marketer of ophthalmic eyewear and sunwear. The Anne Klein ophthalmic eyewear and sunglass collections are currently produced and marketed under a world-wide license agreement with Luxottica Group S.p.A., which will expire on December 31, 2012.

Under the new agreement, the Anne Klein ophthalmic eyewear and sunglass collections will be marketed and sold globally in upscale optical chains and specialty retailers and by individual eye care professionals, beginning in Spring 2013.


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