Luxottica Group SpA

Luxottica Group SpA

Luxottica Group SpA

Overview
Date Founded

1961

Headquarters

Piazzale Cadorna, 3,Milan 20123

Type of Company

Private

Employees (Worldwide)

82.4K

Industries

Medical Products & Equipment
Retail: Other
Wholesale: Medical Supplies & Pharmaceuticals
Apparel & Footwea

Company Description

Luxottica Group SpA engages in the design, manufacture, and distribution of fashion, luxury, sport, and performance eyewear. It operates through the Wholesale and Retail business segments. The Wholesale segment specializes in the production and sale of its house brands and designer lines of mid to premium-priced prescription frames, sunglasses, and sports eyewear. The Retail segment engages in the marketing of its retail brands which include LensCrafters, Sunglass Hut, OPSM, Laubman & Pank, Oakley O Stores and Vaults, David Clulow, GMO, and its licensed brands Sears Optical and Target Optical. The company was founded by Leonardo del Vecchio in 1961 and is headquartered in Milan, Italy.

Contact Data
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Executives & Employees

Chief Financial Officer & Executive Director

Chief Operating Officer

President, Wholesale

Director-Group Investor Relations

Vice President

Corporate Business Services Officer

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Recent Transactions
Details Hidden

Luxottica Group SpA purchases Barberini SpA

Details Hidden

EssilorLuxottica SA purchases Luxottica Group SpA

Details Hidden

EssilorLuxottica SA purchases Luxottica Group SpA

Transaction Advisors
Accountant

Advised onLuxottica Group SpA purchases OPSM Group Pty Ltd.

Legal Advisor

Advised onLuxottica Group SpA purchases Oakley, Inc.

Investment Advisor

Advised onLuxottica Group SpA purchases Cole National Corp. from HAL Holding NV

Legal Advisor

Advised onLuxottica Group SpA purchases Oakley, Inc.

Legal Advisor

Advised onLuxottica Group SpA purchases Oakley, Inc.

Legal Advisor

Advised onLuxottica Group SpA purchases Cole National Corp. from HAL Holding NV

Advisors & Consultants
Legal Advisor

Chair, Litigation Department at Winston & Strawn LLP

Advisor

Partner & Executive Vice President at Senn-Delaney Leadership Consulting Group LLC

Clients

Health Net LLC provides various health insurance services and other hospital and medical service plans. The company was founded in 1990 and is headquartered in St. Louis, MO.

Key Stats and Financials As of 2018
Market Capitalization
$23.5B
Total Enterprise Value
Earnings Per Share
Revenue
$10.5B
EBITDA
$2.14B
Investments
Details Hidden

GrandVision Europe BV owns and operates optical retail stores. The firm operates master and individual franchises, as well as joint ventures in other countries. It offers a range of services provided by its vision experts, prescription glasses including frames and lenses, contact lenses and contact lens care products, and sunglasses both plain and with prescription lenses. The company was founded in 1996 and is headquartered at Schiphol, in the Netherlands.

Investors
Details Hidden

Life Peer at United Kingdom House of Lords

Details Hidden

Managing Partner at Lucky Stars Partners LLC

Suppliers
CBL & Associates Properties Inc. Trusts & Funds | Chattanooga, TN

CBL & Associates Properties, Inc. is a real estate investment trust, which owns and operates retail properties. The firm engages in owning, developing, acquiring, leasing, managing and operating regional shopping malls, open-air centers, community centers and office properties. It operates through Malls and All Other segments. Its properties include Malls, Associated Centers, Community Centers, Office Buildings, Construction Properties and Mortgages. The company was founded on July 13, 1993 and is headquartered in Chattanooga, TN.

Tapestry, Inc. Luxury & Specialty Goods | New York, NY

Coach was founded in 1941 as a family-run workshop. In a Manhattan loft, six artisans handcrafted a collection of leather goods using skills handed down from generation to generation. Discerning consumers soon began to seek out the quality and unique nature of Coach craftsmanship. Now greatly expanded, Coach continues to maintain the highest standards for materials and workmanship. Coach’s exceptional work force remains committed to carefully upholding the principles of quality and integrity that define the company. We attribute the prominence of the Coach brand to the unique combination of our original American attitude and design, our heritage of fine leather goods and custom fabrics, our superior product quality and durability and our commitment to customer service. During the last decade, Coach has emerged as America's preeminent designer, producer, and marketer of fine accessories and gifts for women and men including handbags, men’s bags, women’s and men’s small leathergoods, weekend and travel accessories, footwear, watches, outerwear, scarves, sunwear, fragrance, fine jewelry and related accessories. Continued development of new categories has further established the signature style and distinctive identity of the Coach brand. Together with our licensing partners, we also offer watches, footwear, eyewear and fragrance bearing the Coach brand name in select department stores and specialty retailer locations.

Rouse Properties LLC Retail: Other | New York, NY

Rouse Properties (NYSE: RSE) is a publicly traded real estate investment trust headquartered in New York City and is among the largest mall owners in the United States, with a geographically diversified portfolio that spans the United States from the northern coast of California to New Hampshire. With 32 malls encompassing approximately 22.5 million square feet of retail space, Rouse properties are located in the heart of America and are home to industry-leading brands from jcpenney and Macy’s to Darden Restaurants and Victoria’s Secret. Founded on a legacy of building communities and a singular focus on core regional malls, Rouse marks the start of a new chapter in the mall industry

Awards & Honors
Rank #51
2014
Forbes - World's 100 Most Innovative Companies
Sponsored by Forbes Magazine
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