LUX » Topics » MILESTONES IN LUXOTTICA GROUPS HISTORY
This excerpt taken from the LUX 6-K filed Jun 4, 2008.
MILESTONES IN LUXOTTICA GROUPS HISTORY
Starts out as a manufacturer of optical
Listing on the New York Stock Exchange
Acquisition of LensCrafters, a leading
premium optical retail brand in North America.
Acquisition of the eyewear division of
Bausch & Lomb, comprising such brands as Ray-Ban, Revo, Arnette and
Listing on the Italian Stock Exchange
Acquisition of Sunglass Hut, the worlds
leading premium specialty sun retailer.
Acquisition of OPSM Group, the leading
optical store chain operator in Asia-Pacific.
Acquisition of Cole National, the
second-largest optical store chain operator in North America, with retail
brands including Pearle Vision, Sears Optical and Target Optical.
Entry into the Chinese optical retail
market through the acquisition of two retail chains. The Group becomes a
leading player in Chinas premium optical market segment, with stores in
Beijing, Guangdong and Hong Kong.
Expands distribution in North America and
China through acquisitions in Canada, the Midwest United States and Shanghai.
Enters into an agreement to open Sunglass Hut stores in the Middle East. In
September, the first LensCrafters store in Beijing opens.
Acquisition of Oakley, the performance
eyewear company, giving rise to the new Luxottica Group. This acquisition
provides the Group with exceptional potential, due to not only the force and
name recognition of the Oakley brand, but, in addition, Oakley brings with it
a portfolio of seven brands and four distribution chains.
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