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This excerpt taken from the LUX 6-K filed May 12, 2009. ORGANIZATIONAL DEVELOPMENT
Of the organizational development initiatives completed in 2008, special mention must be made of the successful integration of the wholesale commercial organizations of Luxottica and Oakley and the set up of a pan-European organization based in Zurich to manage Oakley’s diversified businesses.
The wholesale distribution segment completed a number of initiatives aimed at penetrating new, high-growth markets. In China, India and the Middle East, the marketing and sales organization was upgraded; in South Africa, the wholesale team is now ready to take up new business opportunities arising from the 2010 World Cup (football); and in Europe, Luxottica UK successfully completed its integration of the sales organizations of Sunglass Hut and David Clulow and the creation of shared service structures for the wholesale and retail businesses.
One of the most significant projects aiming to recover organizational competitiveness was the radical review of central service structures in North America and the creation of marketing and sales structures serving the main retail chains (LensCrafters, Pearle Vision, Sunglass Hut and the licensed brands). No less significant were the measures taken in production facilities to introduce management systems designed to achieve greater organizational flexibility and continual improvement of product quality.
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