EssilorLuxottica, Dolce & Gabbana renew eyewear agreement until 2050 [Yahoo! Finance]
ESSILOR LXTTCA UNSP/ADR (ESLOY)
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Source: Yahoo! Finance
The logo of Dolce & Gabbana ,taken in Manhattan. Michael Kappeler/dpa French-Italian eyewear company EssilorLuxottica and Italian fashion house Dolce & Gabbana on Monday announced the extension of their license agreement until 2050. Under the partnership, EssilorLuxottica will continue to develop, produce, and distribute prescription frames and sunglasses worldwide under the Dolce&Gabbana brand, reinforcing the long-term collaboration between the two companies in the global eyewear market. "Since 2004, EssilorLuxottica and Dolce & Gabbana have carried forward a solid partnership, capable of combining strong business results, creative vision, and the development of a shared project," said Alfonso Dolce, chief executive officer of Dolce & Gabbana. "The strengthening of the long-term partnership we are signing confirms the mutual confidence in the future and in the opportunities that both companies will be able to seize by continuing to work together in the years ahead." Recom
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