Luxottica and Dolce & Gabbana confirm early renewal of license agreement
By Andrew Pentol |
Luxottica Group and Dolce & Gabbana have announced the early renewal of a license agreement for the development, production and worldwide distribution of sunglasses and prescription frames under the Dolce & Gabbana brand.
The ten-year renewal, effective 1 January 2020 is scheduled to expire on 31 December 2029.
Leonardo Del Vecchio, Executive Chairman of Luxottica said: “We are extremely proud of our collaboration with Dolce & Gabbana and the beautiful frames we are creating together.
“Dolce & Gabbana is a truly global and iconic brand and a true ambassador of ‘made in Italy.’ We look forward to continuing to shape the idea of luxury eyewear together in the decade ahead as we did in the last 15 years.”
Dominic Dolce and Stefano Gabbana, Dolce & Gabbana Founders said: “It is with great pleasure that we confirm the extension of our fruitful collaboration with Luxottica Group through the renewal of our license agreement.
“We are very confident that by continuing our partnership with Luxottica —the leading group in its industry — we will further realise the potential of the Dolce & Gabbana eyewear collections, which are an increasingly significant part of the brand lifecycle.”
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