QUOTE AND NEWS
Wall Street Journal  Oct 24  Comment 
Luxottica Group SpA founder Leonardo Del Vecchio said his family won’t try to interfere with the world’s largest eyewear maker’s new management plans.
Wall Street Journal  Oct 22  Comment 
Luxottica named a P&G veteran as a co-CEO on Wednesday, seeking to put an end to a month of turmoil caused by the return of founder Leonardo Del Vecchio to active management of the world’s largest eyewear group.
Reuters  Oct 21  Comment 
Luxottica could announce a new co-Chief Executive this week as the world's biggest eyewear maker tries to create a stable management team after the resignation of two chief...
Wall Street Journal  Oct 14  Comment 
Luxottica Group said founder Leonardo Del Vecchio will take on the CEO role on an interim basis following the resignation of Enrico Cavatorta, who quit after only a month.
TheStreet.com  Oct 13  Comment 
NEW YORK (TheStreet) -- Luxottica Group SpAa aannounced that its co-chief executive isaresigning after just six weeks on the job, as the global eyewear company struggles to find a replacement foraAndrea Guerra who left last month, Reuters...
Benzinga  Oct 13  Comment 
Luxottica Group SpA (NYSE: LUX) lost more than 8 percent of its value Monday after the company said its chief executive resigned after less than two months on the job. Enrico Cavatorta quit as CEO of the Milan, Italy-based owner of Sunglass...
Financial Times  Oct 13  Comment 
Founder looks to regain investor confidence after another chief departs
Yahoo  Oct 13  Comment 
Luxottica (LUX.MI) Chairman Leonardo Del Vecchio on Monday took over management of the company he founded half a century ago after the world's biggest eyewear maker by sales lost its second chief executive in as many months. The maker of Ray-Ban...
StreetInsider.com  Oct 13  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Luxottica+Group+S.p.A.+%28LUX%29+CEO+Cavatorta+to+Resign/9904620.html for the full story.
MarketWatch  Oct 13  Comment 
Miner Anglo American and eyewear maker Luxottica are among the companies whose shares made notable moves in European trade Monday.




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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 5,800 optical and sun retail stores in North America, Asia-Pacific, China and Europe. The group possesses a strong brand portfolio that includes Ray-Ban, the world’s best selling sun and prescription eyewear brand, as well as a number of licensed brands, including 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. Luxottica Group’s brand portfolio currently has eight house brands and 17 licensed brands.

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 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, China, Australia, New Zealand and the UK, and its wholesale distribution network covers 130 countries, with direct operations in the world’s 38 most important eyewear markets. ==



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