Editor
The agreement, which goes into effect January 2024, will allow EssilorLuxottica to design, produce and globally distribute Moncler eyewear.
The news comes at a time when the luxury market is experiencing a slowdown after a pandemic boom. Last month, Moncler reported that its topline growth had weakened from 24 percent in the first half of the year to 7 percent in the third quarter. Growth in the luxury market is expected to further slow down…
