The designer is a longtime shareholder in Luxottica, which is his fashion group’s eyewear licensee.
The Italian eyewear group, owner of brands such as Ray-Ban and Persol, and a licensee for the likes of Giorgio Armani, Burberry, Prada and Versace, confirmed its outlook for 2018 with sales growth of 2 percent.
With luxury groups taking control of eyewear, buyers reported greater demand for quality craftsmanship.
At Vision Expo West, eyewear execs talked macro forces shaping the industry, as the trade show itself evolves.
Allure Eyewear will manufacture and distribute eyewear and sunglasses for Sean John.
The newly formed EssilorLuxottica will launch a mandatory exchange offer for all the remaining shares between Oct. 29 and Nov. 27, with the view of delisting Luxottica’s shares in Milan, but the squeeze-out, if any, could be expected between Jan. 28 and March 4.
The eyewear trade fair is a showcase for the latest optical and sunglass trends driven by fashion, technology and retail.
The first style designed by the photographer and filmmaker for Children of Ra is available at the brand’s online store.
The partnership has been extended through 2023.