Marcolin, license agreement with US Kenneth Cole

The Marcolin Group has signed a license agreement with the US group, Kenneth Cole, for the production of sunglasses and distribution to shopping malls, specialist stores and the American outlets of the well-known US brand.

The sunglasses will be produced by the Veneto-based company and will carry the Kenneth Cole New York, Reaction Kenneth Cole and Unlisted labels. The four-year agreement until end 2007 will allow the Marcolin Group to achieve billings of at least 45 million dollars, the figure given as the minimum objective.

"We are pleased' commented Maurizio Marcolin, CEO of the Group's style and license area, 'to be able to work with an international brand like Kenneth Cole and to take its current success to even higher levels in the reference market."