Clear Vision: The Salvatore Ferragamo Group and eyewear licensee Marchon Eyewear, Inc. have signed a five-year extension on their eyewear licensing agreement. The deal enables Marchon to continue its design, distribution, marketing, and sale of Ferragamo-branded eyewear until 2021.
Ferragamo and Marchon first linked up in 2012, at which time they signed an initial three-year licensing agreement. Michele Norsa, Ferragamo’s CEO reports that the collaboration has yielded approximately 30 percent increases in the brand’s eyewear volume each year since its collaboration with Marchon began.
Marchon’s president and CEO Claudio Gottardi said of the extended contract in a statement: “Our partnership with Salvatore Ferragamo is a source of great pride and satisfaction for us. The task of interpreting the brand’s history, heritage and integrity is a constant challenge, one that spurs us on to create top-quality glasses capable of combining style with refinement.”
Marchon exclusively produces its products in Ferragamo’s native Italy. It also manufactures and distributes eyewear for brands including Calvin Klein, Chloé, Valentino, and Lacoste, among others.