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Luxottica and Prada Renew License Agreement for 10 Years

Luxottica Group and Prada have announced a 10 year renewal of their exclusive license agreement for the design, production and worldwide distribution of prescription frames and sunglasses. The partnership between Luxottica and Prada Group illustrates a deep and on-going commitment to true Italian excellence based on creativity, craftsmanship and innovation, according to the announcement.

“We are extremely proud of our collaboration with Prada Group and the beautiful and innovative frames we are creating together,” said Adil Khan, Luxottica’s CEO of markets.”

Patrizio Bertelli, Prada CEO, added, “We are very pleased to announce the renewal of our co-operation with Luxottica which, thanks to its leadership in the international markets, is the ideal partner to boost our brands’ identities.”

Source: http://www.luxottica.com/en/luxottica-group-and-prada-group-renew-eyewear-license-agreement

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