(Alliance News) - Safilo Spa announced Thursday that it, together with Levi's, has renewed its global license agreement for Levi's branded eyewear until the end of 2029.

"Levi's eyewear will continue to be distributed globally, relying on the brand's great recognition and widespread sales network in Europe, North America and Asia, where it represents one of the leading brands in the contemporary segment," the company explained in a note.

Safilo Group on Thursday closed 0.4 percent in the red at EUR0.92 per share.

By Claudia Cavaliere, Alliance News reporter

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