Luxottica Group SpA (LUX), the world's largest eyewear maker, said Wednesday it signed a letter of intent with Giorgio Armani SpA for an exclusive license to produce eyewear sporting the Armani logo.

Smaller rival Safilo SpA (SFL.MI) currently holds the contract, which expires at the end of this year.

Luxottica, which makes eyewear under license for several companies, said its premium and luxury brands posted good growth, citing the Chanel SA, Prada SpA (1913.HK), Burberry Group PLC (BRBY.LN), Tiffany & Co (TIF) and Ralph Lauren labels.

The agreement, if finalized, will start on January 1, 2013.

-By Jennifer Clark, Dow Jones Newswires; 39 02 58 91 99 04; jennifer.clark@dowjones.com

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