Kering Eyewear Acquires Manufacturing Company UNT

In a move to shore up its position in the eyewear industry, Kering announced on Monday its eyewear division had acquired the French manufacturing company Usinage & Nouvelles Technologies.

Founded in 1989, the Morbier, France-based company UNT has been a Kering partner for years and is known as a manufacturer of metal and mechanical parts for eyewear and watches.

“Being a long-term, high-quality supplier of Manufacture Kering Eyewear, this new acquisition represents the opportunity to create an integrated luxury eyewear platform with best-in-class manufacturing capabilities, facilities and talents, in addition to supporting and further elevating the Jura district,” said president and chief executive officer of Kering Eyewear, Roberto Vedovotto.

Kering Eyewear manages the development of products for Saint Laurent, Gucci, Balenciaga and Bottega Veneta, among others, and has been building its portfolio in recent years. In March 2022, Kering announced it was acquiring luxury sunglasses brand Maui Jim.

Learn more:

How Kering Built a Start-Up to Disrupt the Eyewear Market

Bringing Gucci eyewear in-house, Kering is leading a wider trend for ‘intrapreneurial’ ventures.

Credit: Source link






Who Is Really In Britney Spears’ Inner Circle?

The man credited with freeing Britney Spears from her 13-year-long conservatorship is Mathew Rosengart. The singer thanked her lawyer and expressed her gratitude...

Phoebe Philo makes a comeback in September with eponymous brand

Phoebe Philo's long-awaited comeback should finally become reality. The British designer has opened an Instagram account stating that her first collection will be...

Next in talks on Cath Kidston buy, deal possibly imminent

Next is back on the acquisition trail. The retail giant, which delivers its results later this week, is reportedly in “advanced talks” about...

Here’s Who Dodi Fayed Was Engaged To Just Before He Dated Princess Diana

Before Dodi Fayed and Princess Diana embarked on their whirlwind romance, the wealthy film producer was previously engaged to model Kelly Fisher. According...

No7’s Damage-Reversing Line Is Set to Be Your New Drugstore Fave

When it comes to skin care, things have gotten more complicated as I’ve gotten older. I not only worry about skin changes,...
en English