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Luxottica Group, S.p.A. (LUX)
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LUX » Topics » FOUNDING

This excerpt taken from the LUX 6-K filed May 12, 2009.

FOUNDING

 

Luxottica Group originated in 1961, when Leonardo Del Vecchio set up Luxottica di Del Vecchio e C. S.a.S., which subsequently became a joint-stock company under the name of Luxottica S.p.A.

 

Having started out as a small workshop, the Company operated until the end of the’60s as a contract producer of dies, metal components and semi-finished goods for the optical industry.

 

Leonardo Del Vecchio gradually widened the range of processes until he had an integrated manufacturing structure capable of producing a finished pair of glasses.

 

In 1971, Luxottica’s first collection of prescription eyewear was presented at Milan’s MIDO (an international optics trade fair), thus marking Luxottica’s definitive transition from contract manufacturer to successful independent producer.

 

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