If you’re a fashion enthusiast or a fan of designer eyewear, you’ve probably heard of the brand Prada. Known for their high-end fashion accessories and luxury goods, Prada has become a household name in the world of fashion.
However, there’s been some speculation about whether Luxottica, the world’s largest eyewear company, owns Prada glasses. In this article, we’ll take a closer look at the relationship between Luxottica and Prada.
Who is Luxottica?
Before we dive into the relationship between Luxottica and Prada glasses, let’s first understand who Luxottica is. Founded in 1961 by Leonardo Del Vecchio, Luxottica is an Italian eyewear company that designs, manufactures, and distributes eyewear products around the world. The company is known for its extensive portfolio of brands that includes Oakley, Ray-Ban, Vogue Eyewear, Persol, and many others.
Does Luxottica Own Prada Glasses?
The short answer is no – Luxottica does not own Prada glasses. However, that doesn’t mean that there isn’t any connection between the two companies. In fact, in 2018 it was announced that Luxottica had signed a multi-year licensing agreement with Prada to design and manufacture Prada eyewear.
What Does This Mean?
So what does this licensing agreement mean for consumers? Essentially, it means that while Luxottica designs and manufactures Prada glasses under license from Prada, they do not own the brand or have any controlling interest in it. Instead, they work closely with Prada to create high-quality eyewear products that reflect the brand’s aesthetic and vision.
What About Previous Partnerships?
While Luxottica doesn’t own Prada glasses now, there have been previous partnerships between the two companies. In the early 2000s, Luxottica acquired a controlling interest in Prada’s eyewear division. However, this partnership ended in 2015 when Prada decided to take back control of their eyewear business.
The Bottom Line
In conclusion, Luxottica does not own Prada glasses – at least not in the traditional sense. While they do design and manufacture Prada eyewear under license from the brand, they do not have any ownership stake in Prada itself. As always, it’s important to do your research and understand the relationship between brands before making a purchase decision.