Innovative Eyewear Announced That Through An Agreement With Authentic Brands, It Has Licensed Brand, Reebok For Smart Eyewear; The Initial Reebok Smart Eyewear Collection Is Expected To Launch Early In 2024
Portfolio Pulse from Benzinga Newsdesk
Innovative Eyewear has announced a licensing agreement with Authentic Brands to use the Reebok brand for smart eyewear. The initial Reebok Smart Eyewear collection is expected to launch in early 2024.
June 20, 2023 | 11:04 am
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POSITIVE IMPACT
Innovative Eyewear's licensing agreement with Authentic Brands for Reebok-branded smart eyewear may boost LUCY's market presence and revenue.
Innovative Eyewear's licensing agreement with Authentic Brands to use the Reebok brand for smart eyewear may increase LUCY's market presence and revenue. The deal allows LUCY to leverage the well-known Reebok brand, potentially attracting more customers and increasing sales. The initial collection is expected to launch in early 2024, which may lead to a positive short-term impact on LUCY's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100