Wednesday said they have renewed their licensing partnership to
develop and sell frames and sunglasses under the Michael Kors brand.
The renewal, which is for a period of 5 years with an option for
5-year extension, will be effective from January 1, 2025, when the
current agreement expires.
The early renewal, coming almost a year before the expiration of the
current agreement, is a testament to the strong confidence and
collaboration between the two companies since 2015, EssilorLuxottica
said in a statement.(DPA)
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