Armani, EssilorLuxottica Renew Eyewear Production, Distribution Agreement
September 14 2022 - 1:44AM
Dow Jones News
By Mauro Orru
Giorgio Armani SpA and Franco-Italian eyewear company
EssilorLuxottica SA have agreed to renew their licensing agreement
for the production and distribution of eyewear under the Giorgio
Armani, Giorgio Armani Prive, Emporio Armani, EA7 Emporio Armani
and A|X Armani Exchange brands, injecting new life into a
partnership that dates back to the late 1980s.
EssilorLuxottica said Wednesday that it was renewing the current
agreement for a further 15 years, starting in January. The
agreement took effect in January 2013 and was due to expire in
December.
Luxottica's founder and late chairman Leonardo del Vecchio
joined hands with Giorgio Armani in 1988 to bring Armani-branded
glasses to the global market.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
September 14, 2022 02:29 ET (06:29 GMT)
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