EssilorLuxottica and Tory Burch renew license agreement
Charenton-le-Pont, France and New York, US (June 21, 2021 – 8:00 am CEST) – EssilorLuxottica and Tory Burch today announced the renewal of the exclusive license agreement for the development, production and worldwide distribution of sunglasses and prescription frames under the Tory Burch brand. The ten-year renewal is scheduled to expire on December 31, 2030, subject to the terms and conditions therein.
“We are pleased to continue our partnership with Tory Burch, a luxury lifestyle brand that perfectly complements our portfolio. We look forward to keep on innovating together in styles and designs that express the essence of the brand through eyewear,” commented Francesco Milleri, Chief Executive Officer of EssilorLuxottica.
“Luxottica has been a great partner that shares our commitment to innovation in this important category. We are thrilled to be continuing our relationship and look forward to taking our designs to the next level,” said Pierre-Yves Roussel, Chief Executive Officer of Tory Burch.