According to a note released by Ansa, EssilorLuxottica and Bulgari will not renew the license for the creation, production and distribution of Bulgari-branded eyewear. The French-Italian giant will continue to be the licensee until the natural expiration of the contract on Dec. 31, 2023.
The partnership between the Roman luxury brand-which is headed by luxury giant LVMH-and EssilorLuxottica dates back some 20 years.