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- Mondottica looks forward to expansion
Mondottica looks forward to expansion
Boost as major eyewear licences are renewed and new joint venture company in Japan is announced
02 February 2016
Mondottica has announced that it has renewed eyewear licences with Ted Baker, Pepe Jeans and Christian Lacroix.
The Ted Baker licence runs through 2020, while Pepe Jeans and Christian Lacroix will run through 2019. They join Hackett, Anna Sui and Marimekko, with whom long-term agreements continue.
Mondottica founder and chief executive, Michael Jardine, said: “We are very pleased that these key brands remain locked in for this coming period, which we anticipate will be the biggest growth in our history.”
He added: “We will soon announce many new developments and it is reassuring to know that we have our key brand partners in place to anchor our future.”
Mondottica has also announced the establishment of Mondottica Japan KK, a new joint venture company with Murai Inc, a long established company in the Japanese market.
Murai is a wholly owned subsidiary of Nihon Seimitsu KK, which trades on the Tokyo Stock Exchange.
Murai is already distributing several key brands for Mondottica, including Yohji Yamamoto, Anna Sui and Marimekko. They will be transferred to Mondottica Japan, which will capitalise on additional Mondottica brands in the future.
For more information, visit the company’s website.
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