Italy's Luxottica Group SpA renewed its licensing agreement with apparel maker Jones Apparel Group for the Anne Klein New York brand for another three years.
Luxottica will continue to design, make and distribute prescription frames and sunglasses under the Anne Klein New York label. The new deal extends the current license through December 2012 with an option for another renewal.
Luxottica designs, makes and distributes prescription frames and sunglasses. Its brands include Ray-Ban, Oakley and Persol.
Shares rose 4 cents to $26.89 during afternoon trading.