QUOTE AND NEWS
Financial Times  Sep 5  Comment 
Luxury groups put their differences aside; Luxottica, Uber and Virgin Airlines also in the news
Financial Times  Sep 3  Comment 
Del Vecchio grabs back reins of power at eyewear company in a move that sounds like revenge of ‘old’ Italy that Italy’s PM is keen to see the back of
Financial Times  Sep 2  Comment 
Head of spectacles maker Luxottica, taken on as developer for the wearable technology, says he would be embarrassed to go around in them in current form
The Economic Times  Sep 2  Comment 
Shares in Luxottica bucked the trend as it fell 1.9 percent after the Italian luxury eyewear maker overhauled its top management structure.
Reuters  Sep 2  Comment 
Leonardo Del Vecchio, the 79-year-old founder of Italian eyewear maker Luxottica, decided to replace long-term CEO Andrea Guerra after Guerra rejected his plans to take a...
Wall Street Journal  Sep 1  Comment 
Luxottica Group SpA, the world's largest eyewear maker, said Andrea Guerra had stepped down as chief executive, as expected, after almost 10 years.
Financial Times  Sep 1  Comment 
Eyewear group’s founder to take over as executive chairman of the group he created half a century ago after securing the exit of chief Andrea Guerra
Wall Street Journal  Aug 25  Comment 
Luxottica Group said it called a board meeting for Sept. 1 to "consider the management structure" of the company and the position of Chief Executive Andrea Guerra.
TheStreet.com  Aug 21  Comment 
NEW YORK (TheStreet) -- Shares of Luxottica Groupa are down -0.56% to $51.50 in pre-market trade after it was reported that the major eye wear maker said it will discuss the possible departure of CEO Andrea Guerra at its next board meeting, as...
Wall Street Journal  Aug 21  Comment 
The world's largest eye wear maker, Luxottica, said it would discuss the possible departure of Chief Executive Andrea Guerra at its next board meeting.




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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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