EssilorLuxottica : EssilorLuxottica and Coach renew global license agreement
25 Juni 2021 - 8:00AM
EssilorLuxottica : EssilorLuxottica and Coach renew global license
agreement
EssilorLuxottica
and Coach renew
global license
agreement
Charenton-le-Pont, France and New York,
US (June
25, 2021
– 8:00
am
CEST)
– EssilorLuxottica and Coach today announced the renewal of an
exclusive license agreement for the design, production and
worldwide distribution of prescription frames and sunglasses
globally under the Coach Eyewear brand. The five-year agreement
will come into effect on July 1, 2021 and run until June 30, 2026
with the potential for a five-year extension.
“EssilorLuxottica is delighted to renew and
further develop its partnership with Coach, a leading design brand
which represents authentic craftsmanship and luxury modern American
style. Through our new branded eyewear collections, we continue to
build loyalty and strengthen our emotional connection with Coach’s
clients around the world,” commented Francesco Milleri, CEO of
EssilorLuxottica. “We
are so pleased to renew our successful partnership with Luxottica,”
said Todd Kahn, CEO and Brand President of Coach. “We are excited
for the next chapter of our relationship, and are looking forward
to continuing to create beautiful eyewear that is crafted to
last.”
About EssilorLuxottica
EssilorLuxottica 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,
be more and live life to its fullest 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 and LensCrafters are part of the EssilorLuxottica
family. For more information, please visit
www.essilorluxottica.com.
About
CoachCoach is a global fashion house founded in
New York in 1941. Inspired by the vision of Creative Director
Stuart Vevers and the inclusive and courageous spirit of its
hometown, the brand makes beautiful things, crafted to last—for you
to be yourself in. Coach is a Tapestry, Inc. brand. Tapestry
is publicly listed on the New York Stock Exchange under the ticker
TPR.
Contacts: EssilorLuxottica Corporate
Communications:
media@essilorluxottica.com Investor
Relations:
ir@essilorluxottica.com
Coach Brooke Hudson, Senior
Manager, Global Brand Communications212 594 1850 ext. 101639 /
bhudson@coach.com
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