Marcolin and Montblanc extend licensing agreement through 2009

Marcolin and Montblanc have announced the renewal of the licensing agreement for design, production and worldwide distribution of Montblanc prescription frames and sunglasses.

The agreement extends the relationship through December 31st 2009 and contains terms and conditions which are basically in line with those included in the current agreement, originally due for expiry on December 31st 2006.

The licensing agreement, renewable for another two years, further strengthens Marcolin's position as world leader in the luxury eyewear and consolidates its partnership with the Richemont Group.

Maurizio Marcolin, the Group's Style & Licensing Ceo, stated: 'The renewal of the agreement with Montblanc certifies our successful partnership and reflects both parties' desire to bring this venture to the next level. We are proud to continue our cooperation with such a prestigious luxury brand'.