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Safilo and Jimmy Choo extend agreement

Safilo and Jimmy Choo have extended their licensing agreement until December 31, 2018.

The agreement involves the design, production, and distribution of the Jimmy Choo eyewear collections of sunglasses and optical frames. Safilo says that, after having experienced an outstanding growth across Europe and North America, the Jimmy Choo collections show great potential for similar growth in Asia Pacific, China, and Latin America.

Signed in 2007, the current agreement will end in 2015. Safilo launched its first Jimmy Choo sunglass collection in January 2008, which was soon followed by an optical frame collection. In 2011, Jimmy Choo was acquired by private equity investor JAB Holdings.

For further information: http://investors-en.safilo.com/phoenix.zhtml?c=195673&p=irol-newsArticle&ID=1993341

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