BUSINESS EssilorLuxottica and Jimmy Choo Announce Ten-Year Licensing Agreement By Staff Friday, June 30, 2023 12:21 AM CHARENTON-LE-PONT, France and LONDON—EssilorLuxottica and Jimmy Choo have signed an exclusive license agreement for the design, manufacture and worldwide distribution of Jimmy Choo Eyewear. This agreement will be effective from January 1, 2024 until December 31, 2028 with an automatic renewal option of an additional five years, the companies said in a statement. The first collection under the agreement will be available on the market starting Q1 2024. The collections will be developed under the leadership of Jimmy Choo creative director Sandra Choi.Francesco Milleri, chairman and CEO of EssilorLuxottica remarked, “We are excited to embark on this new journey with Jimmy Choo, a pioneer in the art of celebrity styling and the global luxury business. Together, we will design innovative luxury eyewear collections that will embody the best of the brand’s artistic vision and signature glamour. In turn, our collaboration will further strengthen the high-luxury segment in the eyewear category.”Hannah Colman, CEO at Jimmy Choo said, “We are thrilled to be partnering with EssilorLuxottica combining our shared expertise in accessories and eyewear categories to bring to life the essence of Jimmy Choo’s glamorous and confident aesthetic.”