ENXTPA:ELMedical Equipment
EssilorLuxottica (ENXTPA:EL) Valuation Check After Extending Dolce&Gabbana License To 2050
License extension with Dolce&Gabbana puts long-term brand access in focus
EssilorLuxottica Société anonyme (ENXTPA:EL) has extended its license agreement with Dolce&Gabbana through 2050, keeping exclusive rights to develop, produce and distribute the fashion house’s prescription frames and sunglasses worldwide.
For shareholders, this very long duration deal highlights the importance of licensed luxury brands within EssilorLuxottica’s eyewear mix. It also raises questions about how this...