DE Rigo Spa (NYSE:DER)
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DE RIGO Announces the Signing of a Non-Binding Letter of Intent
LONGARONE, Italy, May 7 /PRNewswire-FirstCall/ -- De Rigo S.p.A. and US based
Viva International Inc. yesterday have signed a non-binding letter of intent to
explore a strategic alliance involving the combination of their wholesale and
manufacturing businesses worldwide.
De Rigo is one of the world's largest manufacturers and distributors of premium
eyewear, the major optical retailer in Spain through General Optica, one of the
leading retailers in the British optical market through Dollond & Aitchison and
a partner of the LVMH Fashion Group for the manufacture and distribution of
Celine, Fendi, Givenchy and Loewe eyewear. De Rigo also manufactures and
distributes the licensed brands Etro, Fila, Furla, La Perla, Mini and Onyx and
its own brands Police, Sting and Lozza.
Viva International Group is a worldwide industry leader, with a dedicated
office and direct sales force in the United States, Canada, Mexico, France,
Italy, Brazil, Spain, Germany, Australia, Hong Kong, the United Kingdom and
Japan. Viva also distributes to more than 50 countries around the globe. The
current portfolio of fashion-forward eyewear includes: GUESS?, Tommy Hilfiger,
Gant(R), Candie's(R), Ellen Tracy, Magic-Clip(R), Harley-Davidson(R), Bongo(R),
Marc Ecko Scopes, Catherine Deneuve, Viva, and Savvy Eyewear.
DATASOURCE: De Rigo S.p.A.
CONTACT: For further information, please contact: Maurizio Dessolis,
Chief Financial Officer, Tel +39-0437-7777, Fax
+39-0437-770727, e-mail: