The brand license was extended for another 15 years.
For the licensee, Luxottica, the Armany brand license was part of its break-through.
Today the French-Italian EssilorLuxottica is a market leader in eyewear.
The company owns Ray Ban and Oakley, the retail chains Grandvision, Apollo Optik, Sunglass Hut, and is holding various other brand licenses.