Prada Group, EssilorLuxottica Extend Eyewear License For 10 Years [Yahoo! Finance]
ESSILOR LXTTCA UNSP/ADR (ESLOY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
partner, Prada Group has renewed its licensing agreement with EssilorLuxottica for the development, production and distribution of eyewear for the Prada , Prada Linea Rossa and Miu Miu brands. The existing agreement will expire on Dec. 31, 2025, and has been extended through Dec. 31, 2030, with the provision for renewal until Dec. 31, 2035. More from WWD Does Prada Want to Push Out 'Fashion's Cafeteria' in SoHo? Staud's Sarah Staudinger Revealed as Buyer of Carolyn Bessette-Kennedy's Collection at Sotheby's EssilorLuxottica Inks New Acquisition Agreement Patrizio Bertelli, Prada Group chairman, defined EssilorLuxottica “a trusted and long-standing partner with whom we have developed a strong collaboration built on craftsmanship, quality and innovation. This renewal reaffirms our commitment to these values and to our shared vision for the future of eyewear.” The license was first inked in 2003. “Since our paths first crossed, Prada Group has been an extraordinary partne
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