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Luxottica Group and Ralph Lauren renew eyewear license agreement
Milan (Italy), December 22, 2016 - Luxottica Group (MTA: LUX; NYSE: LUX) today announced the renewal of an exclusive license agreement with Ralph Lauren Corporation (NYSE: RL) for the development, production and worldwide distribution of sunglasses and prescription frames under certain Ralph Lauren brands, including Polo and Ralph Lauren. The ten-year agreement will extend to March 31, 2027, subject to the terms and conditions therein.