MILAN (Reuters) - Brunello Cucinelli signed an exclusive license deal with French-Italian glasses maker EssilorLuxottica for the design, manufacture and distribution of eyewear under the Italian luxury group's brand, the two companies said in a statement on Monday.
The new ten-year agreement will be effective from next January, while the first collection of glasses will be launched in the first quarter of 2024.
The deal is an extension of the current collaboration between the two firms that began in 2021, including a capsule collection signed by Brunello Cucinelli and EssilorLuxottica's exclusive brand Oliver Peoples, they added.
(Reporting by Cristina Carlevaro editing by Federico Maccioni)
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| 203 EUR | +0.35% | +0.64% | 99.76B | ||
Founder of Brunello Cucinelli SpA, Progetto Digitale Srl and Brunello Cucinelli Hong Kong Ltd., Brunello Cucinelli presently is Executive Chairman for Brunello Cucinelli SpA, Chairman at Teatro Stabile dell'Umbria and Chairman & Chief Executive Officer at Fedone Srl. Mr. Cucinelli is also on the board of Fondazione Altagamma, Cashmere Paris SARL, Cucinelli Brunello Europe SRL and Parmenide SRL and Chairman of Foundation Brunello Cucinelli.
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| BRUNELLO CUCINELLI S.P.A. | Founder |
Fedone Srl
 Fedone Srl Financial ConglomeratesFinance Fedone Srl operates as a investment holding company. The company is headquartered in Corciano, Italy. | Chief Executive Officer |
