Luxottica Group and Dolce&Gabbana renew eyewear license agreement
Milan, Italy, December 16, 2015 - Luxottica Group (MTA: LUX; NYSE: LUX) and Dolce&Gabbana today announced the renewal of an exclusive license agreement for the development, production and worldwide distribution of sunglasses and prescription frames under the Dolce&Gabbana brand. The agreement will extend to December 31st, 2025.
“The decision to renew the license agreement with Luxottica is not only the consolidation of a relationship of mutual satisfaction, but also the basis to translate more and more effectively the brand exclusivity and prestige also in the eyewear sector, as well as happens in all Dolce&Gabbana collections,” said Cristiana Ruella, Dolce&Gabbana Managing Director.
“We are extremely pleased to renew our relationship with Dolce&Gabbana,” added Adil Khan, Luxottica’s CEO of Markets. “Together we’ve brought the brand’s signature style, glamour and authenticity to the world of eyewear to create collections as bold and desirable as the brand itself. Every single pair of glasses tells a beautiful story.”
The Dolce&Gabbana eyewear collection interprets the style and values of the fashion house with creations enriched by materials and details of great value that represent the originality and the consistency of the strong brand DNA