French luxury group Kering SA on March 21 said its subsidiary Kering Eyewear will partner with Maison Cartier, owned by Compagnie Financière Richemont SA.
The partnership will create a platform for developing, manufacturing and distributing the Cartier eyewear collection.
Under the agreement, Richemont will acquire a minority stake in Kering Eyewear, but financial terms were not disclosed. The eyewear subsidiary will also integrate the frame manufacturer Manufacture Cartier Lunettes, which is located in Sucy-en-Brie, France.
The Cartier 2018 spring/summer collection will be presented at the next Silmo in Paris, which runs Oct. 6 to 9.