- Vivian Hendriksz |
Italian label Salvatore Ferragamo has announced the five year extension of its world-wide licensing agreement for the design, distribution, marketing and sale of its sunglasses and eyewear frames with Marchon Eyewear. The licensing agreement between the two firms, which first began on January 1, 2012 has been extended to December 2021.
The eyewear frames, which are exclusively produced in Italy, are distributed around the world in Salvatore Ferragamo mono-branded stores as well as leading and specialist opticians. "Our partnership with Salvatore Ferragamo is a source of great pride and satisfaction for us. The task of interpreting the brand’s history, heritage and integrity is a constant challenge, one that spurs us on to create top-quality glasses capable of combining style with refinement," commented Claudio Gottardi, President and CEO of Marchon Eyewear.
"The increase in volume registered in the last three years, which has averaged at just below 30 percent per annum, is confirmation of the incredible value of our partnership with Marchon. Their design expertise, combined with the top-quality, cutting-edge nature of their product, has had an invaluable contribution to the Ferragamo branded line. As a result, we’re confident that we’ll see more growth in the medium term," added Michele Norsa, CEO of the Ferragamo Group, parent company of the label.