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DETAILS EMERGE ABOUT ESSILOR AND LUXOTTICA’S $49 BILLION MERGER

In Industry News, What's New by Christine GalassoLeave a Comment

The shake up throughout the Italian luxury eyewear industry continues as details about Essilor and Luxottica’s $49 billion merger are revealed. The shareholders agreement, published by Luxottica Group, says: “Luxembourg-based Delfin is controlled by Luxottica boss Leonardo Del Vecchio and, following the Luxottica-Essilor merger, will confer to Essilor its stake in …

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KARL LAGERFELD LAUNCHES COLLECTION WITH SWAROVSKI

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A first look at Karl Lagerfeld’s collection with Swarovski has arrived, and it’s fabulous. The Karl Lagerfeld jewelry collection reflects the Karl Lagerfeld brand’s feminine, Parisian-chic aesthetic with a bold, edgy twist. Contemporary styles including necklaces, bracelets, rings and earrings are finished with gold plating, rose gold plating and rhodium …

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KERING EYEWEAR AND MAISON CARTIER ENTER EYEWEAR AGREEMENT

In Industry News, What's New by Christine GalassoLeave a Comment

In a move that could turn out to shake up the luxury eyewear industry, Kering Eyewear has entered an agreement to develop, manufacture and distribute Maison Cartier eyewear. The deal includes Compagnie Financière Richemont, Cartier’s owner, acquiring a minority stake of 30% of Kering Eyewear and integrating Cartier’s manufacturing facilities in …