Apparel company Joe's Jeans has signed a new license agreement with shoemaker Burano to manufacture and distribute Joe's branded footwear for women.

The initial term of the agreement is for three years with minimum net sales commitments of US$5.5m during the term.

The first shipment consists of ballet flats in a variety of embellishments and textures with deliveries this month to major department and speciality store retailers, company-owned retail stores and its internet shop with a retail price of $120 to $145.

The ballet flats are intended to be offered every season. In April, a line of wedges, flat sandals and casual heels is expected to begin shipping and the autumn line, including boots, is due to begin delivery in July.

"We believe our new line of Joe's branded footwear will contribute to continued brand name recognition and overall growth for 2010," said Joe's Jeans president and CEO Marc Crossman.

"The shoe line will reflect and embody the Joe's customer, as a fashion-forward, casual woman with an independent streak."

Joe's Jeans designs, produces and sells apparel and apparel-related products to the retail and premium markets under the Joe's brand and related trademarks.