EssilorLuxottica and Coach renew global Licence agreement
Charenton-le-Pont, France and New York, United States (June 25, 2021 – 8:00 am THISST) – EssilorLuxottica and Coach today announced the renewal of an exclusive license agreement for the design, production and global distribution of prescription frames and sunglasses around the world under the Coach Eyewear brand. The five-year agreement will take effect on July 1, 2021 and run until June 30, 2026 with a possibility of a five-year extension.
“EssilorLuxottica is delighted renew and deepen its partnership with Coach, top-notch design brand that represents authentic Arts and crafts and luxury modern AAmerican style. Through our New Mark glasses collections, we continue to retain and strengthen our emotional bond with Coach’s clients around the world,“ commented Francesco Milleri, CEO of EssilorLuxottica.
“We are delighted to renew our successful partnership with Luxottica,” said Todd Kahn, CEO and President of the Coach brand. “We are delighted with the next chapter of our relationship, and can’t wait to continue creating beautiful eyewear that’s built to last.
EssilorLuxottica is a world 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 see more, be more, and live life to the fullest by meeting 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 iconic eyewear manufacturing, to set new industry standards for skin care. view and experience of the consumer around them. Influential eyewear brands such as Ray-Ban and Oakley, lens technology brands such as Varilux and Transitions, and world-class retail brands such as Sunglass Hut and LensCrafters are part of the EssilorLuxottica family. For more information, please visit www.essilorluxottica.com.
Coach 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 his hometown, the brand makes beautiful things, designed to last, for you to be. yourself. Coach is a Tapestry, Inc. brand. Tapestry is listed on the New York Stock Exchange under the symbol TPR.
Brooke Hudson, Senior Director, Global Brand Communications
212 594 1850 ext. 101639 / [email protected]