QUOTE AND NEWS
Wall Street Journal  Dec 3  Comment 
Intel will collaborate with Luxottica to produce smart eyewear, another expansion of the semiconductor giant’s push into wearable tech.
Jutia Group  Dec 3  Comment 
[Reuters] - Italy's Luxottica is joining forces with U.S. chipmaker Intel Corp to develop hi-tech glasses as the world's largest eyewear group pushes further into so-called wearable technology. The deal with Intel, ... Read more on this. Intel...
Financial Times  Dec 3  Comment 
Former Luxottica chief set to oversee Italian government’s relations with business
Reuters  Nov 24  Comment 
Luxottica Chairman Leonardo Del Vecchio has raised his stake in Delfin, a holding company through which he controls the world's largest spectacles maker, paving the way for his...
Wall Street Journal  Oct 29  Comment 
Luxottica Group’s third-quarter net profit rose 10% to €162 million compared with the year-earlier quarter. Sales and operating profit also rose, as adverse effects resulting from currency-exchange rates were less significant than in...
Reuters  Oct 28  Comment 
The recent management overhaul at Luxottica is testing one of the corporate world's textbook no-no's: dual CEOs.
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...




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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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