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

Luxottica and Intel Corporation have formed a multi-year alliance to fuse “smart” technology with luxury and sports eyewear.

The first product to come out of the collaboration is expected to launch in 2015. The two companies hope to create frames that integrate a limited number of apps, adding real value for the wearer, without having to compromise on design.

The engineers and developers will work in California, whereas all design will be done in Italy. Part of the projects will be completed in Asia.

The agreement in no way takes away from the partnership that exists between Luxottica and Google for the development of Google Glass, a new version of which will be released in 2015.

For further information: http://www.luxottica.com/en/Luxottica_intel_pressrelease

http://www.visionmonday.com/latest-news/article/luxottica-and-intel-announce-multiyear-collaboration-for-wearable-tech-and-smart-eyewear-development-1/