Chanel Cruise 2019

PARIS — Chanel and Luxottica Group have inked an early renewal of their eyewear license, the companies said Tuesday.

A license for the development, production and global distribution of sunglasses and prescription frames under the Chanel brand has been renewed for another five years, effective Jan. 1 through Dec. 31, 2024. There’s an option to renew the license again for another three years, from Jan. 1, 2025, to Dec. 31, 2027.

“Chanel has developed a very strong and valuable partnership with Luxottica over the past 20 years,” Bruno Pavlovsky, president of Chanel Fashion and Chanel SAS, said in a statement.

Luxottica Group’s portfolio of licensed brands includes Giorgio Armani, Burberry, Coach and Ralph Lauren, plus proprietary brands such as Ray-Ban, Oakley and Alain Mikli.

 

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