De Rigo, one of the world leaders in the production, sale and distribution of eyewear, announced the renewal of its licence agreement with the women's luxury fashion Group ESCADA until 2013. This prolongation comes well ahead of the expiry of the original contract.
"With this licence agreement," says Michele Aracri, General Manager of De Rigo, "we aim to consolidate what we already regard as a highly satisfactory level of revenue."
Jean-Marc Loubier, CEO of ESCADA AG: "We are very satisfied the way the cooperation with the De Rigo has developed since it was started four years ago. A convincing eyewear collection is indispensable for a strong fashion brand as ESCADA. We are convinced that with our partner De Rigo we will expand the eyewear business over the coming years."