Innovative Eyewear Announces Distribution Agreement With Ecom Gulf FZCO, Which Includes United Arab Emirates, Saudi Arabia, Kuwait, Qatar, Bahrain And Oman
Portfolio Pulse from Benzinga Newsdesk
Innovative Eyewear has entered into a distribution agreement with Ecom Gulf FZCO to expand its market reach in the Middle East, covering the UAE, Saudi Arabia, Kuwait, Qatar, Bahrain, and Oman.
September 05, 2024 | 12:32 pm
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Innovative Eyewear, under the ticker LUCY, has signed a distribution agreement with Ecom Gulf FZCO, expanding its reach into the Middle East. This strategic move could enhance LUCY's market presence and sales in the region.
The distribution agreement with Ecom Gulf FZCO allows Innovative Eyewear (LUCY) to access new markets in the Middle East, potentially increasing sales and market presence. This is a positive development for the company, likely to impact its stock price favorably in the short term.
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