| Fossil Ralph lauren uomo safilo enter licensing ralph lauren polo pony agreement for optical frames
Fosl falling off seat laughing)Announced today that it has entered into a multi year licensing agreement with Safilo usa, inc. ("Safilo")For the design, manufacture and sale of fossil polo ralph lauren outlet online store brand optical frames in the united states and canada and optical frames and sunglasses in italy.Safilo, one of the world\'s leading eyewear manufacturing and distribution companies, anticipates commencing commercial distribution of the products to optical stores during the later part of this year. "We are excited about the potential of the fossil brand in the optical frame market,"Stated mr.MarkQuick, fossil\'s evp evp executive vice presidentevp egr(Exhaust gas recirculation)Valve position sensorevp electronic voice phenomenonevp employee value proposition accessories. "Safilo provides us the opportunity to extend the fossil brand into this market and to be represented by one of the largest companies in the eyewear business.Combining their design expertise and extensive distribution and market knowledge in the optical business with our creative team will provide an excellent platform to launch the fossil brand in the optical frame market,"Added mr.Quick. "We are extremely excited about adding fossil to our optical portfolio,"Said claudio gottardi, chief operating officer chief operating officer(Coo)The officer of a firm responsible for day to day management, usually the president or an executive vice president.Of safilo usa. "Not only does the fossil name have strong brand recognition which easily lends itself to an eyeweay line, the success of the company in all areas in which they do business, be it watches, leather accessories or sunglasses, makes them an ideal partner of us,"Gottardi added.Safilo group is one of the world\'s leading manufacturers and marketers of ophthalmic and fashion eyeglasses eyeglasses or spectacles, instrument or device for aiding and correcting defective sight.Eyeglasses usually consist of a pair of lenses mounted in a frame to hold them in position before the eyes., sunglasses and sport glasses.Brands include safilo, its namesake line, and a number of fashion and designer lines including carrera, gucci, polo ralph lauren polo ralph lauren(Nyse:Rl)Is american fashion designer ralph lauren\'s luxury lifestyle company.Polo ralph lauren specializes in high end casual/semi formal wear for men and women, as well as accessories, fragrance, and housewares., Christian Dior and Smith.Fossil designs, develops, markets and distributes fashion watches, leather accessories and sunglasses principally under the fossil, fsl fsl formal semantics language.A language for compiler writing.The statements contained in this press release that are not historical facts are forward looking statements and involve a number of uncertainties.The actual results of the future events could differ materially from those stated in such forward looking statements.Among the factors that could cause actual results to differ materially are:General economic conditions, competition, government regulation and possible future litigation an action brought in court to enforce a particular right.The act or process of bringing a lawsuit in and of itself;A judicial contest;Any dispute.When a person begins a civil lawsuit, the person enters into a process called litigation., as well as the risks and uncertainties set forth in Fossil\'s Current Report on Form 8 K.
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