Prada renews its licensing settlement with EssilorLuxottica for the following 10 years | EUROtoday

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The Prada Group and EssilorLuxottica introduced in the present day in a joint assertion the renewal of the licensing settlement for the event, manufacturing and international distribution of Prada, Prada Linea Rossa and Miu Miu model eyewear.

The present settlement, expiring on 31 December 2025, has been prolonged till 31 December 2030, with renewal anticipated till 31 December 2035. Patrizio Bertelli, president of the Prada Group, commented within the be aware: «We are completely happy to announce the renewal of the settlement with EssilorLuxottica, a trusted and long-standing accomplice with whom we’ve got created a powerful collaboration based mostly on craftsmanship, high quality and innovation. This renewal confirms our dedication to those values ​​and our shared imaginative and prescient for the way forward for eyewear.”

«Since our paths first crossed, the Prada Group has been an extraordinary partner, with a truly special place in our history. This renewal fills us with pride and confirms the common commitment to bring luxury eyewear to its highest expression” added Francesco Milleri, president and director of delected by EssilorLuxottica.