The luxury brand maintains its claim that it was not responsible for the fate of Groupe Logo but is sensitive to the workers’ plight.

The operation is valued at $125.5 million euros.

The exclusive deal is with Dr. Mazen Fakeeh C. Healthcare Company for the Kingdom of Saudi Arabia.

The agreement with I-Deal Optics will start with spring 2018.

The agreement runs through 2023.

The brand of $29.95 sunglasses will launch with help from the e-tailer and a handful of celebrities.

The two brands collaborated on the creation of a men’s and a women’s style, available in store from Monday.

The eyewear group’s gross profits fell 37 percent and sales declined 21 percent in the first quarter.

The Italian eyewear company will own 51 percent of the business, named Marcolin Middle East.

The eyewear group envisions a future where it will fulfill consumer orders direct from the warehouse, meaning less inventory.

The Italian eyewear manufacturer has teamed with Noor Gostaran Azin Aryan Co. to distribute its frames countrywide.

The manager succeeds Robert Polet, who remains director of the group.

Inspired by the silhouettes of the legendary car, the sunglasses, available in two color combinations, feature a slightly retro rounded silhouette.

The eyewear brand has worked with Freemans Sporting Club to update one of its classic styles.

The entities have renewed their partnership, effective through 2022.