Friday, July 25, 2014

Luxottica Keeps Chanel in the Fold

“Italy's Luxottica has extended a license agreement to produce and distribute Chanel-branded eyeglasses until the end of 2018, renewable for a further two years, the world's largest eyewear maker by revenue said on Thursday,” reports Reuters. “The relationship between Luxottica and Chanel dates back to 1999 when the French fashion house launched its first-ever eyewear collections, CEO Andrea Guerra said in a statement.” Read more.

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