MILAN — Luxottica Group and Prada said Wednesday they had renewed a licensing agreement for the production and distribution of eyewear under the Prada and Miu Miu monikers until December 31, 2018.
The license had first been signed in July 2003.
Andrea Guerra, chief executive officer of Luxottica, stated: "We are delighted to be able to confirm the collaboration between two icons of Italian excellence, continuing along the path of success and mutual satisfaction in all the markets in which we operate."
In addition to its own house brands Ray-Ban and Oakley among others, Luxottica produces eyewear collections for brands includingBurberry, Chanel, Coach, Ralph Lauren and Versace.
At the same time, as rival eyewear maker Marcolin finalized its sale to Cristallo SpA, controlled by PAI Partners, it said it had renewed its own licenses with Roberto Cavalli (also for the Just Cavalli brand) and Kenneth Cole until 2020 and 2016, respectively.
The board said that Giovanni Zoppas was taking on the role of chairman, in addition to his current post as ceo and general director, as Giovanni Marcolin Coffenhad resigned. Maurizio Coffen Marcolin and shareholders Andrea and Diego Della Valle had also resigned as administrators of the board.Marcolin produces collections under license for brands including Balenciaga, Tod's, Hogan, Tom Fordand DSquared 2 among others, in addition to its own brands Marcolin andWeb Eyewear.
Etro’s show, titled “The Tree of Life,” was a celebration of the house’s 50th anniversary. “My father founded the company in 1968, which was the year of counterculture and psychedelia. It’s really a show that celebrates that and the paisley design of India and its origin,” said Veronica Etro. #wwdfashion #mfw #ss18 (📷: @delphineachard)
For @msgm’s spring 2018 show, creative director @massimogiorgetti said “Words, sounds, colors. Synthesis and therapy of a collection,” were the inspirations behind the collection, showing today. Read the rest of Milan spring 2018 inspirations on WWD.com. #mfw #wwdfashion #ss18
For her first solo album in over 10 years, Fergie tapped Carine Roitfeld, Mert and Marcus, Giovanni Bianco and more to create a fashion-focused video approach for the record, Double Dutchess. "Giovanni really helped me get back in touch with my tomboy side, my hardside," said the singer. #wwdeye #wwdfashion ( : @slovekinpics)
“Volumes and Graphic Art of the Nineties are the main inspirations of the new Aquilano.Rimondi SS 2018 collection,” said cocreative directors Tommaso Aquilano and Roberto Rimondi. #wwdfashion #mfw #ss18