PARIS — Lebanese couturier Elie Saab and Italian eyewear giant Safilo Group have set a licensing pact that runs through 2025.

The first collection, to be manufactured in Italy and Japan, is to be unveiled in January 2017, and carried in Elie Saab boutiques and specialty optical shops.

In addition to its own brands Carrera, Polaroid, Smith and Safilo, Safilo also produces and distributes eyewear for brands ranging from Dior, Marc Jacobs and Max Mara to Tommy Hilfiger and Céline.

As reported, Kering is adjusting its 20-year partnership with Safilo, terminating the current license for the cash-cow Gucci brand at the end of 2016 — two years earlier than planned — in exchange for compensation of 90 million euros, or $99 million at current exchange, to be paid in three installments. Kering will initiate a product partnership with Safilo for four years starting in 2017, with options to renew.

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