Kering has revealed a program to take all its existing eyewear licenses in-house with the help of Roberto Vedovotto, who recently left as chief executive of Safilo. Its biggest eyewear license is for Gucci with Safilo, which will get $90 million in compensation for termination of the deal two years before its scheduled expiration. Puma eyewear is licensed to a Japanese company, Charmant. Another brand of Kering, Electric, is already developed in-house. More on this in Eyewear Intelligence.

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