ITALY. US luxury fashion label Tom Ford International and Italian eyewear giant Marcolin Group have announced the automatic renewal of their licensing agreement for the design, production and worldwide distribution of eyewear under the Tom Ford brand.
Since its launch in October 2005, the Tom Ford Eyewear collection has become one of the most successful stories in eyewear.
The renewed licensing agreement is a multi-year deal through to 31 December 2015. The terms and conditions are in line with those included in the current agreement, which was due to expire on 31 December 2010, Marcolin said.
Distribution of Tom Ford Eyewear will continue to be targeted towards prestige accounts worldwide, it added.
Marcolin Group Style and Licensing Officer Maurizio Marcolin commented: “The outstanding relationship with Tom Ford has enabled Marcolin to bring to the market an iconic luxury premium brand reaching immediate success and global awareness.”
Tom Ford brand President and CEO Tom Ford said: “Marcolin is an exceptional manufacturer and partner. The renewal is a natural result of the excellent relationship that we have had over the past five years.”
About Tom Ford
The Tom Ford brand was launched in 2005. In the same year, President and CEO Tom Ford and Chairman Domenico De Sole formed a partnership with the Marcolin Group to produce and distribute eyewear under the Tom Ford brand, as well as with Estée Lauder to create the Tom Ford Beauty brand.
In February 2006, Tom Ford announced an alliance with Zegna Group to produce and distribute luxury menswear, accessories and footwear.
Ford opened his first directly operated store in April 2007 on Madison Avenue. There are 21 freestanding stores and shop-in-shops in locations such as Milan, Tokyo, Las Vegas, Dubai, Zurich and Russia.
Tom Ford International is a privately held company with corporate offices in Los Angeles, Tokyo and New York, a design studio in London, and a showroom in Milan.
About the Marcolin Group
Marcolin, listed on the Milan Stock Exchange, is a leading eyewear company. In 2009, the company produced and distributed approximately 6 million pairs of glasses in more than 600 models. The portfolio of licensed brands includes DSquared2 Eyewear, Ferrari, Hogan Eyewear, John Galliano Eyewear, Just Cavalli Eyewear, Kenneth Cole New York, Kenneth Cole Reaction, Miss Sixty Glasses, Montblanc Eyewear, Replay Eyes, Roberto Cavalli Eyewear, Swarovski Eyewear, Timberland, Tod’s Eyewear and Tom Ford Eyewear. Marcolin and Web Eyewear feature among the group’s own brands.
