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

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

RETAIL DISTRIBUTION

 

In the ‘90s, the Company continued to develop its distribution network by opening new commercial subsidiaries, the Japanese Mirari being the most significant during this time period.

 

In 1995, Del Vecchio once again broke the mold by acquiring The United States Shoe Corporation, owner of LensCrafters, one of North America’s largest optical retail chains. Luxottica thus became the world’s first eyewear manufacturer to enter the retail market, thereby exploiting its synergies with its production and wholesale distribution and boosting penetration of its products through LensCrafters stores.

 

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