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EssilorLuxottica and Coach Renew Global License Agreement

It’s a five-year agreement.

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(PRESS RELEASE) CHARENTON-LE-PONT, FRANCE AND NEW YORK, US — EssilorLuxottica and Coach announced the renewal of an exclusive license agreement for the design, production and worldwide distribution of prescription frames and sunglasses globally under the Coach Eyewear brand. The five-year agreement will come into effect on July 1, 2021 and run until June 30, 2026 with the potential for a five-year extension.

“EssilorLuxottica is delighted to renew and further develop its partnership with Coach, a leading design brand which represents authentic craftsmanship and luxury modern American style. Through our new branded eyewear collections, we continue to build loyalty and strengthen our emotional connection with Coach’s clients around the world,” commented Francesco Milleri, CEO of EssilorLuxottica.

“We are so pleased to renew our successful partnership with Luxottica,” said Todd Kahn, CEO and brand president of Coach. “We are excited for the next chapter of our relationship, and are looking forward to continuing to create beautiful eyewear that is crafted to last.”

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SPONSORED BY ESSILOR

Introducing CrizalⓇ Rock™

Did you know three out of four people wipe their lenses on their clothes?* Or that one out of three people accidentally drop their glasses at least once a week?* It's no surprise, then, that 93 percent of wearers consider scratch-resistance an important characteristic when choosing lenses.* To prove the durability of new Crizal Rock lenses, we ran tests inspired by real life situations. To learn more about new Crizal Rock, the most scratch-resistant Crizal No-Glare lenses ever made, visit EssilorPRO.com/Crizal-Rock. *Study conducted by ⒸIpsos - Risky behaviors of eyeglass wearers - consumer quantitative research 2019 - declarative results - USA - n= 2345 eyeglass wearers

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