QUOTE AND NEWS
SeekingAlpha  Apr 1  Comment 
ByAlex Cho: In an article I wrote several months ago, I mentioned that a Google (GOOG) and Luxottica (LUX) partnership was highly likely: I think the most practical strategy for Google and Luxottica is a partnership. In fact, I'm fairly...
Forbes  Mar 28  Comment 
What do Burberry, Bvlgari, Chanel, Coach, Dolce & Gabbana, Giorgio Armani, Miu Miu, Prada, Ralph Lauren, Tiffany & Co., Tory Burch, and Versace all have in common? Well, besides being powerhouse fashion and luxury brands, they all source their...
Wall Street Journal  Mar 25  Comment 
Luxottica's partnership with Google for smartglasses looks a low-risk way to ensure the Italian eyewear maker holds on to its dominant position should the devices take off.
Wall Street Journal  Mar 24  Comment 
Italian eyewear maker Luxottica, owner of the Ray-Ban and Oakley sunglass brands, has agreed to design, develop and distribute new versions of Web-connected eyewear Google Glass.
SeekingAlpha  Mar 6  Comment 
By Lee Boy: Luxottica (LUX) is the world's largest eye-wear company. The Italian firm was founded in 1961 by Leonardo Del Vecchio and now employs more than 70,000 persons in more than 130 countries. Its best known brands are Ray-Ban, Persol and...
Wall Street Journal  Feb 27  Comment 
Luxottica's net profit fell 65% to $35.5 million in the last quarter of 2013 due to a tax audit that resulted in increased charges for the Italian eyewear maker.
StreetInsider.com  Feb 27  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/UPDATE%3A+Luxottica+Group+%28LUX%29+FY13+Net+Income+Misses+Estimates/9225167.html for the full story.
DailyFinance  Feb 19  Comment 
SAN FRANCISCO, CA and NEW YORK, NY -- (Marketwired) -- 02/19/14 -- Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, together with LUX Fund Technology and Solutions...
Wall Street Journal  Jan 29  Comment 
The Italian eyewear maker said its preliminary estimate of annual net sales grew around 3% at current exchange rates compared with the previous year, to 7.3 billion euros ($9.97 billion).
Wall Street Journal  Jan 28  Comment 
The Italian eyewear maker said its preliminary estimate of annual net sales grew around 3% at current exchange rates compared with the previous year, to 7.3 billion euros ($9.97 billion).




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Luxottica Group is the world’s leading designer, manufacturer and distributor of prescription frames and sunglasses in the premium and luxury segments. It is a global leader in eyewear, with nearly 6,200 optical and sun retail stores in North America, Asia-Pacific, UK, China and South Africa . The group possesses a strong brand portfolio that includes Oakley, Ray-Ban, the world’s best selling sun and prescription eyewear brand, as well as among others, license brands Bvlgari, Burberry, Chanel, Dolce & Gabbana, Donna Karan, Prada, Versace, and Polo Ralph Lauren (RL) (beginning January 2007). Key house brands include Vogue, Persol, Arnette and REVO.

In addition to an extensive global network, the Group manages leading retail brands such as LensCrafters and Pearle Vision in North America, OPSM and Laubman & Pank in Asia-Pacific, and Sunglass Hut globally. The Group’s products are designed and manufactured in six Italy-based high-quality manufacturing plants, in the Oakley plant settled in California, and in the only two China-based plants wholly-owned by a premium eyewear manufacturer.

The Group’s distribution network covers all of the world’s key markets, both wholesale and retail. It is the leading player in the retail market in North America, Asia-Pacific, UK, China and South Africa, and its wholesale distribution network covers 130 countries, with direct operations in the world’s 38 most important eyewear markets.

Luxottica Group’s brand portfolio currently has ten house brands and 20 licensed brands. Over the years, Luxottica Group has achieved global leadership in the eyewear industry thanks to its: - vertically integrated design-production-distribution model, both wholesale and retail, which is unique in the sector; - wide-reaching wholesale and retail distribution network, which maximizes the Group’s capacity to serve the market and keep distribution costs and times under tight control; - brand portfolio, one of the strongest and most balanced in the industry; - high, and continuously improving, product quality; - production efficiency and flexibility, enabling it to rapidly address changes in the market; - strong focus on pre- and post-sales services




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