Marcolin and Moncler Sign License Agreement

(Press Release) Marcolin Group and Moncler have signed a worldwide exclusive license agreement for the design, production and distribution of men’s and women’s sunglasses and eyeglasses, as well as ski masks for men, women and children branded Moncler.

Moncler joins Marcolin, a leading company for eyewear distinguished for its ability to successfully combine Italian craftsmanship with the DNA of each brand, to create a unique eyewear collection: high-quality excellence, innovation and experimentation will distinguish each sunglass and optical style.

The license will be effective from January 2016 until December 2020, with the possibility of a renewal for an additional five years. The launch of the first eyewear collection is expected by March 2016.

Giovanni Zoppas, CEO Marcolin Group, commented: “Moncler is a worldwide brand, unique and very appealing. The partnership with Moncler will give Marcolin the opportunity to target those consumers who are passionate about Moncler's innovative product offerings.”

Remo Ruffini, Moncler Chairman and CEO, declared: “I’m very pleased about the agreement signed with Marcolin, one of the worldwide leading companies in the eyewear industry. The partnership with Marcolin will allow us to develop globally the eyewear business consistent with our values of uniqueness, quality and selectiveness that distinguish our brand; a further important step to continue to create value to Moncler brand”.