All Luxottica articles
-
News briefs
EssilorLuxottica and Dolce&Gabbana eyewear partnership extended to 2039
EssilorLuxottica and Dolce&Gabbana (D&G) have announced the early renewal of their licensing agreement for the design, production and global distribution of D&G-branded prescription frames and sunglasses. Effective since Jan. 1, 2020, the current agreement was set to expire at the end of 2029, but both parties have agreed to replace ...
-
ArticleFielmann enters U.S. market with dual acquisition and high-profile recruitment
The Fielmann Group announced yesterday its entry into the U.S. market with the dual acquisition of a brick-and-mortar regional optical retail leader and an e-commerce specialist through which the German-based company plans to deploy its omnichannel business model in the country. In what group CEO Marc Fielmann describes as ...
-
News briefs
VSP Vision recruits new president for VSP Ventures
VSP Vision has announced the appointment of Kathleen Steele as president of VSP Ventures, its business division focusing on growing the group’s network by acquiring independent optometry practices. Steele worked for close to ten years at Luxottica’s U.S. subsidiary, the last five as the group’s vice president of operations. In ...
-
ArticleEssilor and EssilorLuxottica fined €81 m by French market watchdog, will appeal
L’Autorité de la Concurrence (AC), the French competition authority, has announced yesterday that it was handing a total of €81 million in fines to Essilor International and its parent company EssilorLuxottica for discriminatory practices between April 2009 and December 2020 in France. The Italo-French group immediately replied that it would ...
-
News briefs
Milleri succeeds Del Vecchio as EssilorLuxottica chairman
In the wake of the death of Leonardo Del Vecchio, founder of Luxottica, the board of EssilorLuxottica has appointed Francesco Milleri to serve out Del Vecchio’s term as chairman of the combined company. It has also confirmed Paul du Saillant as EssilorLuxottica’s deputy CEO and appointed a new, non-independent director: ...
-
ArticleLeonardo Del Vecchio passes away at 87
Leonardo Del Vecchio, the founder of Luxottica and chairman of French-Italian group EssilorLuxottica, has passed away at the San Raffaele Hospital in Milan. He had been hospitalized with non-Covid-19 pneumonia a few weeks ago, Adnkronos has reported. A father of six, he was 87 years old.EssilorLuxottica said in a statement ...
-
News briefs
Pearle Vision has a new SVP and GM
Pearle Vision has promoted Kathleen Steele from vice president of operations – a post she has held since 2016 – to senior vice president and general manager, Vision Monday reports. She will be reporting to Gunjan Kumar, president of retail licensed brands and Pearle Vision North America. Steele is succeeding ...
-
News briefs
Smith hires a marketing head away from Oakley
Smith, the U.S.-based producer of snow goggles, sunglasses and helmets owned by Safilo, has announced the appointment of Taryn Ryan as global head of marketing. Born in South Africa, she joined the Luxottica Group in 2008 as a buyer for its Sunglass Hut retail chain. Two years later, she was ...
-
ArticleEssilux launches new sales program in France
After the launch of a similar initiative in the U.S. and Canada, respectively in 2020 and 2021, EssilorLuxottica is rolling out its EssilorLuxottica 360 program in Europe, starting with France. The objective is to “enrich” Essilor’s Experts program and various existing Luxottica programs and thereby to expedite the expansion of ...
-
ArticleAfter Balmain, Akoni adds Valentino to portfolio
Valentino, the Italian fashion house, and Luxottica have announced the termination of their global eyewear licensing agreement in June 2022, after a five-year collaboration that has been described as successful by both partners. The Rome-based brand announced on the same day that it had signed a new licensing partnership with ...
-
ArticleLuxottica facing €125m penalty from French competition watchdog
L’Autorité de la concurrence , the French market competition regulator, sanctioned Luxottica yesterday with a €125 million penalty for anti-competitive behaviors in France between 2005 and 2014. EssilorLuxottica immediately announced that it would appeal the decision, highlighting that the group had always conducted its business according to the ...
-
News briefs
Luxottica acquires a training institute in Tuscany
Luxottica has announced the acquisition of the Italian Institute of Research and Studies in Optometrics ( IRSOO ), a historical school of optics and optometry located in the town of Vinci, near Florence. The institute has been purchased from the Empolese Valdelsa Development Agency by the Italian ...
-
ArticleLuxottica takes 35% stake in Mazzucchelli
On June 11, the Italian entity of the EssilorLuxottica group announced the acquisition of a 35 percent share in Mazzucchelli 1849 , the industry leader in the supply of high-end acetate sheets for the fabrication of eyewear frames. The balance of 65 percent of shares remains ...
-
ArticleLuxottica opens new Japanese factory
Luxottica Japan announced last month the opening of a new state-of-the-art factory in Fukui, the country’s cluster of eyewear frames’ manufacturers. The investment follows the acquisition of a majority stake in Fukui Megane in 2018, one of the Italian group’s suppliers for titanium and solid ...
-
News briefs
Guerra reportedly joins Thelios’ executive board
According to a report by Milano Finanza , Andrea Guerra , former CEO of the Luxottica group, has been appointed to the executive board of directors of Thelios , the joint venture between LVMH and Marcolin . Guerra is currently CEO of LVMH Hospitality Excellence , the luxury ...
-
News briefs
Chiara Ferragni to release Luxottica-made sunglasses
On March 8, the fashion blogger and designer Chiara Ferragni will be releasing her first eyewear capsule, two sunglass models produced by Luxottica , through Sunglass Hut and, in Italy, Salmoiraghi Viganò . Both of these chains are controlled by Luxottica. Ferragni has advised Sunglass Hut ...
-
ArticleLuxottica shares Covid-19 screening program with Versace
Luxottica , the Italian frame making unit of the EssilorLuxottica group, has decided to share with Versace its Covid-19 prevention, detection and research program currently being used in Italy. Luxottica has held the eyewear license of the Italian fashion house for the past 17 years. Luxottica developed the ...
-
News briefs
Luxottica launches training, job placement program for young opticians
Luxottica , the Italian frame maker of the EssilorLuxottica group, is launching a professional training and job placement program dedicated to top graduates from Italian optics schools. The “Campus Program” offers them to participate in 80 internships held in stores of Luxottica’s Italian retail network. The interns be able ...
-
ArticleLuxottica produces anti-Covid masks for Italian government
Luxottica , the Italian unit of the Franco-Italian eyewear company EssilorLuxottica , said that it has started the large scale production of face masks to help prevent the propagation of the Covid-19 pandemic. The company has already delivered a first batch of 3.5 million items as part of a government-sponsored ...
-
News briefs
Armani ready to ride out pandemic after 2019 revenue growth
Italian fashion house Giorgio Armani says it is in a strong position to ride out the Covid-19 pandemic, after reporting a return to revenue growth in 2019, a year earlier than anticipated. The company, whose brand logo can be found on everything from jeans, to shoes, eyeglasses ...
