MILAN — The forecast for the eyewear market is hazy these days, but that’s not stopping fashion houses like Versace and Armani from fine-tuning the style of their shades.

Over the years this fast-growing category has become an important vehicle for brands to extend their reach. Despite sluggish market conditions, the sector has generated plenty of buzz lately as a couple of key brands dramatically shifted their alliances with the eyewear manufacturing heavyweights.

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