logo
Gant opts for early renewal of eyewear deal with Marcolin

Gant opts for early renewal of eyewear deal with Marcolin

Fashion Network16-06-2025
Gant has linked up with Marcolin until 2032. The two companies have announced the early renewal of the exclusive licensing deal for the design, manufacture, and global distribution of the American label's sunglasses and prescription frames.
The collaboration originally launched in 2013 and has clearly been a successful one for both businesses. It features contemporary sunglasses and optical frames inspired by Gant's preppy style along, the companies said, with more refined European influences.
Gant was founded in 1949 as a shirtmaker and became a major American sportswear trailblazer. The brand is now present in 81 countries and over 650 stores globally.
Not that Marcolin itself is small. The eyewear specialist manages a massive brand portfolio that includes its own labels as well as major licenses for big-name brands, such as Zegna, Tom Ford, K-Way, and Max Mara.
The Gant deal isn't the only renewal Marcolin has announced this month. At the start of June, Marcolin and Guess revealed the early renewal of their exclusive licensing agreement for the design, production and international distribution of Guess and Marciano sunglasses and eyeglasses. The deal, which was previously set to run until 2030, has been further extended until 2040.
And last month, Marcolin and Adidas also unveiled the renewal of their global licensing agreement for Adidas Sport and Adidas Originals, extending their collaboration through to 2032.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

EU accuses online shopping platform Temu of 'illegal' product sales
EU accuses online shopping platform Temu of 'illegal' product sales

LeMonde

timean hour ago

  • LeMonde

EU accuses online shopping platform Temu of 'illegal' product sales

The European Union accused Chinese-founded online shopping giant Temu on Monday, July 28, of breaking the bloc's digital rules by not "properly" assessing the risks of illegal products. EU regulators believe Temu is not doing enough to protect European consumers from dangerous products and that it may not be acting sufficiently to mitigate risks to users. "Evidence showed that there is a high risk for consumers in the EU to encounter illegal products on the platform," the European Commission said in its preliminary finding. It pointed to a mystery shopping exercise that found consumers were "very likely to find non-compliant products among the offer, such as baby toys and small electronics." Temu has become wildly popular in the EU despite only having entered the continent's market in 2023, and now has 93.7 million average monthly active users in the 27-country bloc. Temu under DSA investigation Temu is under investigation as part of a law known as the Digital Services Act (DSA) that forces the world's largest tech firms to do more to protect European consumers online and better police content online. The EU said Temu's October 2024 risk assessment was "inaccurate and relying on general industry information rather than on specific details about its own marketplace." If confirmed to be in breach, the EU can slap a fine on Temu. Fines under the DSA can go as high as 6% of a company's total worldwide annual turnover and force it to make changes to address violations. Launched in October, the EU probe continues to investigate other suspected breaches including the use of addictive design features that could hurt users' physical and mental well-being and how Temu's systems recommend content and products. Temu will now be able to respond to the EU regulators' findings and defend itself, but there is no time limit on how long an investigation may last. EU law under attack The DSA is part of the EU's reinforced legal weaponry to curb the excesses of Big Tech, with stricter rules for the world's biggest platforms. It has faced criticism from the US administration under President Donald Trump. The Republican-dominated judiciary committee of the US House of Representatives described the DSA in a scathing report as a "foreign censorship threat" on Friday. Staunch Trump ally Jim Jordan, committee chair, will meet with EU Tech Sovereignty Commissioner Henna Virkkunen in Brussels, on Monday. There are currently other DSA probes into Chinese online retailer AliExpress, social media platforms Facebook and Instagram and X as well as TikTok. The EU also wants to crack down on cheap packages that flood into the bloc each year, with a proposal under discussion for a €2 flat fee per parcel. Last year, 4.6 billion such packages entered the EU – more than 145 per second – with 91% originating in China. The EU expects the numbers to increase.

French MPs across the political spectrum slam US-EU trade agreement
French MPs across the political spectrum slam US-EU trade agreement

Euronews

time2 hours ago

  • Euronews

French MPs across the political spectrum slam US-EU trade agreement

France's Prime Minister François Bayrou said on Monday that the European Union had given in to US President Donald Trump's threats of increased tariffs, slamming the deal agreed to on Sunday as a "dark day." "It is a dark day when an alliance of free peoples, brought together to affirm their common values and to defend their common interests, resigns itself to submission," Bayrou wrote in a post on X. Under the agreed terms, finalised by European Commission President Ursula von der Leyen and Trump during a meeting in Scotland, the majority of EU exports bound for the American market will be subject to a 15% tariff. The tariff for US exports headed for the EU market was not immediately clear but the deal is preliminary and needs to be further fleshed out. "I think it's great we made a deal today instead of playing games," Trump said at the end of the meeting. "I think it's the biggest deal ever made." "It's a big deal. It's a huge deal," von der Leyen said. "It will bring stability, it will bring predictability. That's very important for businesses on both sides of the Atlantic." Von der Leyen noted the 15% tariff would be "across-the-board" and "all-inclusive", blocking the application of other duties. The trade agreement was also welcomed by Germany's Chancellor Friedrich Merz and the Italian Prime Minister, Giorgia Meloni. The EU's trade commissioner Maroš Šefčovič hailed it as a "breakthrough," preventing a potentially catastrophic trade war between the world's two biggest economies. Trade deal slammed in France But the deal has not been as well received by MPs in France from across the political spectrum. Benjamin Haddad, the Minister Delegate for European Affairs, welcomed the "temporary stability" the deal represents, but complained that it was "unbalanced." "Free trade has now been rejected by the United States, which has opted for economic coercion and complete disregard for WTO rules," he said in a post on X. "Let's be clear: the current state of affairs is unsatisfactory and unsustainable." President of the right-wing National Rally Jordan Bardella was more explicit in his condemnation, slamming it as an "agreement of shame." "Ursula von der Leyen accepted Europe's trade surrender, to the detriment of our exporters, farmers and manufacturers," he complained. His party colleague and leader of the National Rally in the National Assembly, Marine le Pen, was also critical, slamming the deal as a "political, economic and moral fiasco." Meanwhile, politicians on the left were equally critical. Founder of the France Unbowed (La France Insoumise) party, Jean-Luc Mélenchon, said the deal represented a blow to "liberalism" and complained that "everything has been ceded to Trump with the right to change the rules of the game established over 75 years of bilateral relations." And French MEP Raphaël Glucksmann said "this losing deal with Trump is the product of a despairing political and moral weakness." The end of the story? Before Trump's arrival disrupted transatlantic commerce, EU-made products were subject to an average tariff rate of 4.8% upon entering US territory. Sunday's deal presumably entails an additional 10% to reach the 15% mark. EU cars, which are today under a 27.5% tariff, will be brought under the 15% rate. A "zero-for-zero" scheme will apply to aircraft and related components, semiconductor equipment, critical raw materials and some chemical and agricultural products. "We will keep working to add more products to this list," von der Leyen said. Additionally, she explained, the bloc commits to spending over $250 billion per year on purchasing American liquefied natural gas (LNG), oil and nuclear fuels to replace Russian energy. The total pledge will amount to about $700 billion by the end of Trump's term. Asked about what concessions, if any, the US had made in the talks, the Commission chief replied with a general remark about shared prosperity. "The starting point was an imbalance, a surplus (of goods) on our side and a deficit on the US side. We wanted to rebalance the trade relation, and we wanted to do it in a way that trade goes on between the two of us across the Atlantic," she said. "I think it's going to be great for both parties," Trump said.

US-EU trade deal will come with consequences, German industries warn
US-EU trade deal will come with consequences, German industries warn

Euronews

time2 hours ago

  • Euronews

US-EU trade deal will come with consequences, German industries warn

While European Commission President Ursula von der Leyen praised a trade agreement signed between the US and EU on Sunday as a stabilising factor "in uncertain times," representatives of the German economy have expressed concern. Von der Leyen and US President Donald Trump struck a tentative trade deal to avert a potentially devastating tariff war between two of the world's largest economies on Sunday. The majority of EU exports bound for the US will be subject to a 15% tariff. According to a statement made by von der Leyen, this also includes billions of euros in EU investments in the US, as well as the purchase of defence equipment. Tariffs of 15% will now apply to car exports to the US, compared to the previously announced 25%. Import duties on steel are to remain unchanged at 50%. The German economy can breathe a sigh of relief for the time being, according to Managing Director of the German Chamber of Industry and Commerce Helena Melnikov. Melnikov said that worse has been prevented, however, "the deal has its price, and this price is also at the expense of the German and European economies." Wolfgang Niedermark from the Federation of German Industries was more critical. He stated that even a tariff rate of 15% would have an "immense negative impact" on Germany's export-oriented industry. The Federal Association of Wholesale, Foreign Trade and Service also spoke of a "painful compromise" and warned that supply chains would change and prices would rise, saying the deal will cost Germany growth, prosperity and jobs. Federal Chancellor Friedrich Merz, who was satisfied with Sunday's agreement, wrote on X that the deal showed it was possible to "avert a trade conflict". However, a review of Trump's actions to date raises doubts about the reliability of the agreement and the US president's words. In an interview with the Funke media group, Michael Hüther, director of the Institute for the German Economy, said that concerns remained as Trump had never completely taken tariff threats off the table.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store