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    Luxottica Group SpA (LUX)

    69.93 Up 1.16(1.69%) Oct 8, 4:02PM EDT
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    Luxottica Group SpA
    Piazzale Luigi Cadorna, 3
    Milan, MI 20123
    Italy - Map
    Website: http://www.luxottica.com

    Index Membership:N/A
    Industry:Apparel Stores
    Full Time Employees:77,734

    Business Summary 

    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, Bvlgari, Burberry, Chanel, Coach, Dolce & Gabbana, Donna Karan, Michael Kors, Paul Smith, Polo Ralph Lauren, Prada, Starck Eyes, Tiffany, Tory Burch, and Versace. The Retail Distribution segment operates prescription eyewear stores under the brand names of LensCrafters, Pearle Vision, Sears Optical, Target Optical, OPSM, Laubman & Pank, and GMO; and sun and luxury retail stores under the Sunglass Hut, ILORI, The Optical Shop of Aspen, and Bright Eyes brand names. As of December 31, 2014, it owned and operated 6,471 retail stores and franchised 613 stores. The company also offers men’s and women’s apparel, footwear, and accessories for surf, winter sports, golf, motorcycling, cycling, and other athletic lifestyles under the Oakley brand, as well as operates O stores. The company was founded in 1961 and is headquartered in Milan, Italy. Luxottica Group S.p.A. is a subsidiary of Delfin S.à r.l.

    Key Statistics

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    Key Executives 
    Mr. Leonardo Del Vecchio , 80
    Founder and Chairman
    Mr. Luigi Francavilla , 78
    Deputy Chairman, Chairman of Luxottica SRL and Managing Director of Luxottica SRL
    Mr. Massimo Vian , 42
    Chief Exec. Officer of Product & Operations and Director
    Mr. Adil Mehboob-Khan , 51
    Chief Exec. Officer of Markets and Director
    Mr. Stefano Grassi , 41
    Chief Financial Officer
    Mr. Enrico Mistron , 45
    Chief Information Officer and Global Bus. Services Officer
    Amounts are as of Dec 31, 2014 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.