Europe A&E, Lifestyle, Culture

Fashion

Bridal, Weddings, Tips

Travel & Leisure

Arts & Culture

Lifestyle

Marcolin Group and Rivoli Group Sign a Joint Venture to Distribute Luxury Eyewear Collections in Middle East

Details
Category: Business/Financial News
Published on Tuesday, 09 May 2017 06:39

Marcolin Group, a worldwide leading eyewear company, announced today to have signed a joint venture agreement with Rivoli Group, one of the largest luxury retailers in the Middle East area, for long-term distribution in the luxury retailers exclusive eyewear space.

The JV, named Marcolin Middle East, is 51% owned by Marcolin Group and its headquarters will be based in Dubai in the United Arab Emirates. It will distribute the eyewear collections of the Marcolin's brand portfolio: Tom Ford, Balenciaga, Ermenegildo Zegna, Montblanc, Roberto Cavalli, Tod's, Emilio Pucci, Swarovski, Dsquared2, Diesel, Just Cavalli, Kenneth Cole, Timberland, Guess, Gant, Harley-Davidson, Marciano, Skechers and Web.

Giovanni Zoppas, CEO Marcolin Group, affirmed: "The valuable long-term distribution agreement with Rivoli Group and the strong personal relationship and collaboration developed during these years with Mr. Ramesh Prabhakar, our partner in the JV, have been further strengthened establishing this capital partnership in Middle East, which represents such a key market for the luxury, fashion and diffusion brands in our portfolio and for the future of our company."

Ramesh Prabhakar, Vice Chairman and Managing Partner of Rivoli Group commented: "The Rivoli Group is extremely pleased with the development of the JV with Marcolin Group to service the Middle East and other specific markets. Our relationship with the Marcolin management signifies this new association and we are looking forward to further enhancing Marcolin brands presence in the markets. Our Milestones will be reached through planned distribution and innovative retailing within the Rivoli EyeZone stores."

About Marcolin Group
Marcolin Group, among the worldwide leading companies in the eyewear industry, stands out for the pursuit of excellence, the continuous innovation and the unique ability to faithfully combine design and Italian craftsmanship with the core values of each brand. The brand portfolio includes: Tom Ford, Balenciaga, Moncler, Ermenegildo Zegna, Montblanc, Roberto Cavalli, Tod's, Emilio Pucci, Swarovski, Dsquared2, Diesel, Just Cavalli, Covergirl, Kenneth Cole, Timberland, Guess, Gant, Harley-Davidson, Marciano, Catherine Deneuve, Skechers, Bongo, Candie's, Rampage, Viva, Marcolin and Web. In 2016, the company sold about 14 million eyeglasses. www.marcolin.com

About Rivoli Group
Since 1988, The Rivoli Group has been building a strong position within the fast growing retail environment in the UAE and the lower Gulf states to become one of the largest luxury lifestyle retailers in the Middle East offering a wide range of product categories from watches, writing instruments, leather accessories, gift items and eyewear. Matching these luxury and lifestyle brands with impeccable service, the Rivoli Group has set new standards of retailing excellence in the region by establishing retail concepts like Rivoli Prestige, Rivoli, Rivoli Arcade, Hour Choice & Rivoli EyeZone. www.rivoligroup.com

Haute News

Haute Tease

  • Eleven Boston Cops Wounded, Two Critically, by Body Armor Wearing Suspect

    Boston police officers shot and killed a gunman after he opened fire on responding officers wounding eleven and critically injuring two who are now fighting for their lives, in what has been called a domestic disturbance gone bad.

     

  • Health, Wellness: Reasons to Move To Long Island’s Beach Towns

    Looking to escape the city permanently and still be close enough to the bustling metropolitan? For many Manhattanites, Long Island's East End, a remote worker's paradise is becoming a year-round haven of seclusion, empty beaches, and Zen living.

     

  • September Hong Kong Jewellery and Gem Fair 2013 Gets Bigger and Better

    A bigger and even better September Hong Kong Jewellery and Gem Fair (September Fair awaits exhibitors this year, fair organiser UBM Asia announced.  With the Fair occupying 135,000 square metres of exhibition space, it is the largest edition ever.

     

  • Vers une Nouvelle ère

    Les attentats du 11 septembre ont marqué la mémoire collective au point de bouleverser l’appréhension du monde tel qu’il se présentait alors. Vingt-ans plus tard, un constat s’impose : ces bouleversements n’ouvrent-ils pas la voie à une nouvelle ère.  

  • Autos: Understanding Aggressive and Clean Stances in Cars

    Every modification reflects the driver's vision but understanding the nuance matters. We examine the difference between aggressive and clean stances in cars so you can define the perfect, distinct aesthetic for your high-performance vehicle build.  

  • De Lula à Tocqueville

    Elu président du Brésil, Lula devra composer avec un pays fracturé, déchiré par une profonde crise sociale et politique. A quoi s'ajoute une question environnementale des plus prégnantes, la forêt amazonienne cristallisant toutes les passions à l'échelle internationale.

World News Europe

Arts / Culture