Luxottica and Retail Brand Alliance Extend Global Eyewear License Agreement

Retail Brand Alliance, Inc., and Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX), a leader in premium fashion, luxury and sports eyewear, announced today a five-year extension of the license agreement for the design, production and worldwide distribution of prescription frames and sunglasses under the Brooks Brothers brand.

The new agreement will run through December 2014, with an option for a further five-year extension under the same terms.

The terms were substantially unchanged from those of the previous agreement.

Claudio Del Vecchio, Chairman and Chief Executive Officer of Retail Brand Alliance, Inc., as well as its largest shareholder, is also member of the Board of Directors of Luxottica Group S.p.A.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.