Luxottica and Prada renew eyewear license agreement

Andrea Guerra: "We are delighted to be able to confirm the collaboration between two icons of Italian excellence" Luxottica Group and Prada Sa, company of the Gruppo Prada, announced the renewal of an exclusive license agreement for the design, production and worldwide distribution of prescription frames and sunglasses under the PRADA and Miu Miu brands, until December 31, 2018 consistent with existing commercial terms and conditions.   Andrea Guerra, Chief Executive Officer of Luxottica, commented: "We are delighted to be able to confirm the collaboration between two icons of Italian excellence, continuing along the path of success and mutual satisfaction in all the markets in which we operate".   This license represents one of the most important and significant example of industrial collaboration between two key players in "Made in Italy" design that incorporates creativity, craftsmanship, production and distribution.