February 28, 2017 4:02 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Luxottica Group S.p.A.

Company Overview

Luxottica Group S.p.A., together with its subsidiaries, provides fashion, luxury, sports, and performance eyewear worldwide. It operates through two segments, Manufacturing and Wholesale Distribution, and Retail Distribution. The Manufacturing and Wholesale Distribution segment engages in the design, manufacture, wholesale distribution, and marketing of proprietary brands and designer lines of prescription frames and sunglasses, as well as performance optics products. This segment offers its products under proprietary brands, such as Ray-Ban, Oakley, Vogue Eyewear, Persol, Oliver Peoples, Alain Mikli, and Arnette; and licensed brands, including Giorgio Armani, Emporio Armani, Armani Exchange...

PIAZZALE CADORNA, 3

Milan, MI 20123

Italy

Founded in 1961

79,000 Employees

Phone:

39 02 863 341

Key Executives for Luxottica Group S.p.A.

Chief Executive Officer of Product & Operations and Director
Age: 43
Total Annual Compensation: €2.5M
Compensation as of Fiscal Year 2015.

Luxottica Group S.p.A. Key Developments

Ferrari and Luxottica Group Sign A Multi-Year Licensing Contract

Ferrari S.p.A. announced that Ferrari and Luxottica Group have strengthened their collaboration by signing a multi-year licensing contract according to which Luxottica will develop, produce and market a range of eyewear branded Ferrari and Ray-Ban.

Luxottica Group S.p.A Announces Sales Results for the Fourth Quarter and Full Year of 2016

Luxottica Group S.p. A announced sales results for the fourth quarter and full year of 2016. For the quarter, the company reported net sales rose to EUR 2.14 billion from EUR 2.02 billion from the same quarter the previous year, an increase of 5.2% at constant exchange rates or 6.3% at current exchange rates. For the year, the company reported Net Sales were EUR 9.09 billion, an increase of 3.9% at constant exchange rates or 2.8% at current exchange rates from EUR 8.84 billion in the prior year.

Essilor International SA, Luxottica Group S.p.A. - M&A Call

To discuss combination of Essilor and Luxottica Group

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