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Company Profile

Company Profile
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With net sales exceeding €7.3 billion in 2013, over 73,000 employees and a strong global presence, Luxottica is a leader in the design, manufacture, distribution and sales of premium, luxury and sports eyewear

Founded in 1961 by Leonardo Del Vecchio, always involved in protecting eyes and optimising the look of men and women everywhere, the Luxottica Group is now a vertically integrated organization, producing and distributing prescription frames and sunglasses of high technical quality and style.

The constant attention paid to research and development, technological innovation, the adaptation to market evolutions in respect of people and the environment, have led Luxottica through worldwide expansion.

Production

The Group's products are designed and manufactured at its six manufacturing plants in Italy, two wholly-owned plants in China, one plant in Brazil, one in India and one plant in the United States devoted to the production of sports eyewear.

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Trademarks

Luxottica products are outstanding in terms of design and high quality and are known all round the world thanks to a strong and well balanced brand portfolio. House brands include Ray-Ban, one of the world’s best known sun brands, Oakley, Vogue Eyewear, Persol, Oliver Peoples, Alain Mikli and Arnette while its license brands include Giorgio Armani , Bvlgari, Burberry, Chanel, Coach, Dolce & Gabbana, Donna Karan, Michael Kors, Paul Smith, Polo Ralph Lauren, Prada, Starck Eyes, Stella McCartney, Tiffany, Tory Burch and Versace.

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Wholesale distribution

The Group’s wholesale distribution network, covering more than 130 countries across five continents, has 20 distribution centres and over 50 commercial subsidiaries providing direct operations in key markets. The Group’s penetration reaches significant levels in emerging markets while it’s increasing in new channels of distribution such as department stores and travel retail (areas of transit such as airports and railway stations).

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Retail network

Direct wholesale operations are complemented by an extensive retail network for prescription and sun segments comprising over 7,000 stores worldwide as of December 31, 2013.
In the prescription business, Luxottica Group operates in North America through its LensCrafters and Pearle Vision retail brands and its retail licensed Sears Optical and Target Optical, in Asia-Pacific through OPSM and Laubman & Pank, in China through LensCrafters, in Latin America through GMO.
Luxottica has also developed a global sun and luxury retail organization to support and reinforce its global retail brands dedicated to sun and luxury eyewear: the Sunglass Hut, ILORI, The Optical Shop of Aspen and Bright Eyes brands. The Sunglass Hut brand, in particular, has a global presence, namely in North America, Asia-Pacific, South Africa, Europe, Latin America and the Middle East. 

Lastly, in the US Luxottica is one of the largest Managed Vision Care operators through EyeMed and the second biggest lens finisher, having a network of four central laboratories and over 900 on-site labs at LensCrafters stores.

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Oakley

The Oakley brand provides a powerful wholesale and retail presence in the sports channel through a chain of flagship "O" stores. In these stores, the Group offers a variety of Oakley-branded products, like clothes, footwear, backpacks and other accessories, in addition to the Oakley sunglass styles. Oakley-branded products include men’s and women’s apparel, footwear and accessories designed for surf, winter sports, golf, motorcycling, cycling and other athletic lifestyles.

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Last updated Oct 14 2014

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