Luxottica and Chanel renew license agreement

Luxottica Group S.p.A., the world leader of the eyewear sector, announced the renewal of the license agreement with Chanel.

Luxottica president Leonardo Del Vecchio commented: 'We are proud to have renewed the collaboration with one of the most important brands in our portfolio and that the terms and conditions of the agreement have met with the satisfaction of both parties. It is the consolidation of a collaboration that began in 1999 with the launch of the very first Chanel eyewear collection and which will bring new growth opportunities for this highly exclusive and prestigious brand'.