Kering ’s full takeover of Valentino may be delayed but the French luxury giant is still deepening its ties with the Italian label.
On Monday, Kering Eyewear and Valentino officially announced a newly signed global agreement. The exclusive collaboration will grant Kering Eyewear the rights to develop and distribute the sun and optical collections under the Valentino brand as of the start of next year.
The company said it marks “the beginning of a long-term partnership between these two global players in the luxury business”.
Roberto Vedovotto, founder, president and CEO of Kering Eyewear, said: “We are honoured to welcome Valentino into the Kering Eyewear portfolio, and to have the opportunity to contribute to the brand’s continued success. As a prestigious Maison de Couture, Valenti