EssilorLuxottica and Jimmy Choo announce a ten-year licensing agreement
29 Juni 2023 - 8:00AM
EssilorLuxottica and Jimmy Choo announce a ten-year licensing
agreement
EssilorLuxottica and
Jimmy Chooannounce
a ten-year
licensing agreement
Charenton-le-Pont,
France and London,
UK (June
29,
2023 –
8:00 am CEST) –
EssilorLuxottica and Jimmy Choo announced today that they have
signed an exclusive license agreement for the design, manufacture,
and worldwide distribution of Jimmy Choo Eyewear.
The agreement will be effective from January 1,
2024 until December 31, 2028, with an automatic renewal option of
an additional five years. The first collection under the agreement
will be available on the market from Q1 2024.
The agreement combines Jimmy Choo’s glamourous
style and playfully daring spirit with the unique craftsmanship,
innovation capabilities, and expertise of EssilorLuxottica. The
collections will be developed under the leadership of Jimmy Choo
Creative Director Sandra Choi.
The partnership brings Jimmy Choo Eyewear into a
new era, with a commitment to the continuous pursuit of excellence
that embodies the Jimmy Choo approach to luxury.
Francesco Milleri, Chairman and CEO of
EssilorLuxottica said: “We are excited to embark on this new
journey with Jimmy Choo, a pioneer in the art of celebrity styling
and the global luxury business. Together, we will design innovative
luxury eyewear collections that will embody the best of the brand’s
artistic vision and signature glamour. In turn, our collaboration
will further strengthen the high-luxury segment in the eyewear
category.”
Hannah Colman, CEO at Jimmy Choo said: “We are
thrilled to be partnering with EssilorLuxottica combining our
shared expertise in accessories and eyewear categories to bring to
life the essence of Jimmy Choo’s glamorous and confident
aesthetic.”
About
EssilorLuxotticaEssilorLuxottica is a global
leader in the design, manufacture and distribution of ophthalmic
lenses, frames and sunglasses. Formed in 2018, its mission is to
help people around the world to see more and be more by addressing
their evolving vision needs and personal style aspirations. The
Company brings together the complementary expertise of two industry
pioneers, one in advanced lens technology and the other in the
craftsmanship of iconic eyewear, to set new industry standards for
vision care and the consumer experience around it. Influential
eyewear brands including Ray-Ban and Oakley, lens technology brands
including Varilux and Transitions, and world-class retail brands
including Sunglass Hut, LensCrafters, Salmoiraghi & Viganò and
GrandVision are part of the EssilorLuxottica family.
EssilorLuxottica has approximately 190,000 employees. In 2022, the
Company generated consolidated revenue of Euro 24.5 billion. The
EssilorLuxottica share trades on the Euronext Paris market and is
included in the Euro Stoxx 50 and CAC 40 indices. Codes and
symbols: ISIN: FR0000121667; Reuters: ESLX.PA; Bloomberg: EL:FP.
For more information, please visit: www.essilorluxottica.com
About
Jimmy
ChooEstablished in 1996, Jimmy
Choo is a global luxury brand with an empowered sense of glamour
and a playfully daring spirit. Celebrated for its confident style
and exceptional craftsmanship, Jimmy Choo is synonymous with the
art of celebrity dressing and red-carpet style. The house’s
innovative spirit meets time-honoured techniques in the form of
exceptional collections spanning footwear, handbags, fragrance, a
range of accessories and a growing men’s offering. Together, CEO
Hannah Colman and Creative Director Sandra Choi have built a global
powerhouse defined by glamour, optimism and joy. Jimmy Choo is part
of the Capri Holdings Limited global fashion luxury group publicly
listed on the New York Stock Exchange under the ticker
CPRI.
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