Inspecs has sealed a multi-year licensing agreement with Perry Ellis International for Farah men's ophthalmic glasses and sunglasses. It's the first eyewear license under this brand name. The collection will be unveiled at Mido show Milan in February 2018 and at Vision Expo East in New York in April.
Farah, a brand of menswear favored by fashion-minded hipsters, will further extend Inspecs' list of names that already includes O'Neill, Caterpillar, Radley, Savile Row and Superdry.
Now into its 30th year, Inspecs, a company of only 100 employees, is set on a course of international expansion. It plans to expand in China and India, as well as the rest of the Far East. Currently, Europe and the U.S. account for around 70 percent of sales.
Earlier this year, as we previously reported, the firm acquired a French-Asian optical manufacturer, Killine, a company with 1,200 employees worldwide. Based in Hong Kong, Killine has its headquarters in Lisbon, which will ensure Inspecs has access to the EU market post-Brexit. With the acquisition, Inspecs can now undertake all manufacturing in-house. Previously, this was often allocated to a third party.
The importance of owning and controlling a good-quality manufacturing site became apparent early this month when thousands of Chinese plating factories were closed after audits on pollution. The government crackdown has caused havoc with supply chains, but the Torkai factory owned by Inspecs in China has been unaffected. The facility is fully state-approved, and it was recently accredited for full in-house testing based on multiple-retail benchmark standards.