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Luxottica Group SpA (LUX)

56.40 Down 0.63(1.10%) Apr 17, 4:02PM EDT
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Luxottica Group SpA
Via C. Cant
Milan, MI 20123
Italy - Map
Phone: 39 02 863341
Fax: 39 02 86 33 46 36

Index Membership:N/A
Industry:Apparel Stores
Full Time Employees:73,415

Business Summary 

Luxottica Group S.p.A., together with its subsidiaries, provides luxury and sports eyewear worldwide. The company operates in 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 house brand and designer lines of prescription frames and sunglasses; sports eyewear products; and men’s and women’s apparel, footwear, and accessories. This segment offers its products under house brands, such as Ray-Ban, Oakley, Arnette, ESS, K&L, Luxottica, Mosley Tribes, Oliver Peoples, Persol, Revo, Sferoflex, and Vogue; and licensed brands comprising Anne Klein, Brooks Brothers, Bvlgari, Burberry, Chanel, Chaps, Coach, Fox, D&G, Dolce & Gabbana, DKNY, Donna Karan, Miu Miu, Polo Ralph Lauren, Paul Smith, Prada, Ralph Lauren, Ralph, Salvatore Ferragamo, Stella McCartney, Tiffany & Co., Tory Burch, and Versace. It serves retailers of mid- to premium-priced eyewear, such as independent opticians, optical retail chains, specialty sun retailers, and duty-free shops, as well as independent optometrists and ophthalmologists, and department stores. The Retail Distribution segment operates optical retail stores under the brand names of LensCrafters, Pearle Vision, Sears Optical, Target Optical, OPSM, Laubman & Pank, Budget Eyewear, and GMO; and sun and luxury retail stores under the brand names of Sunglass Hut, ILORI, Optical Shop of Aspen, Oliver Peoples, David Clulow, Bright Eyes, and Oakley O' Stores and Vaults. Luxottica Group S.p.A. also provides eye care services and eyewear under the EyeMed Vision Care name; and operates, which offers prescription glasses. The company was founded in 1961 and is headquartered in Milan, Italy. Luxottica Group S.p.A. operates as a subsidiary of Delfin S.à r.l.

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Key Executives 
Mr. Leonardo Del Vecchio , 79
Founder and Chairman
Mr. Andrea Guerra , 49
Chief Exec. Officer and Exec. Director
Mr. Luigi Francavilla , 76
Vice Chairman, Chairman of Luxottica S R L and Managing Director of Luxottica S R L
Mr. Enrico Cavatorta , 52
Gen. Mang. of Central Corp. Functions and Exec. Director
Mr. Massimo Vian , 41
Group Chief Operations Director
Amounts are as of Dec 31, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.