EssilorLuxottica signed a 10 year licensing agreement with Swarovski Reuters- EssilorLuxottica and Swarovski Eyewear maker, the Franco-Italian eyewear maker said on Tuesday.
The first collection, to be developed under Swarovski's creative director Giovanna Engelbert, will be available on the market from September next year, in time for the fall winter 2023 season, the company, which also makes Ray-Ban glasses, said.
In a statement, Francesco Milleri, chairman and CEO of EssilorLuxottica, said that each pair of frames are a piece of art that is in line with the jewels maker's LUXignite strategy and will be effective until the end of 2028, with an automatic renewal option for additional five years.