EssilorLuxottica Extends Partnership with Burberry Until 2035
The Franco-Italian optical and eyewear giant EssilorLuxottica and the British luxury brand Burberry have announced the renewal of their licensing agreement for an additional ten years. The agreement, which was set to expire at the end of December 2025, has been extended until December 31, 2035.
According to the joint statement released by the two companies, the agreement covers the design, production, and global distribution of eyewear under the Burberry brand. The partnership between EssilorLuxottica and the British house has lasted nearly two decades, having started in 2006. The renewal is part of a longstanding and fruitful relationship, as described by both parties.
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The initial agreement, which was due to expire on December 31, 2025, has thus been extended for an additional ten-year period. According to the group, this extension aims to enhance collaboration on collections that embody Burberry's identity. Francesco Milleri, CEO of EssilorLuxottica, expressed his pleasure in continuing this creative journey with one of the international luxury houses.
Focus on Craftsmanship and Innovation
Joshua Schulman, CEO of Burberry, highlighted that this renewal perpetuates a relationship based on craftsmanship, design, and innovation. The British group plans to continue offering eyewear collections to consumers worldwide. This announcement is part of EssilorLuxottica's strategy of licensing luxury brands, holding several similar agreements with international fashion houses.
C’est une année historique pour EssilorLuxottica : pour la première fois depuis l’origine du Groupe, notre chiffre d’affaires a enregistré une croissance à deux chiffres à taux de change constant, après un quatrième trimestre affichant une croissance record de 18,4 %.
Résultats annuels 2025 marquent une croissance du chiffre d’affaires de 11,2% et une marge opérationnelle ajustée de 15,7%; le cash-flow libre atteint 2,8 milliards d'euros; dividende proposé de 4,00 euros; acquisitions et initiatives med-tech renforcent le positionnement.
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