“Luxottica produces and distributes sun and
prescription eyewear of high technical and stylistic quality to improve the
well-being and satisfaction of its customers and at the same time create value
for employees and the communities in which the Group operates. Every
collection, every pair of glasses, is the result of an ongoing process of
research and development whose aim is to anticipate and interpret the needs,
desires and aspirations of consumers all over the world. Founded in 1961 by
Leonardo Del Vecchio, always involved in protecting eyes and optimising the
look of men and women everywhere, the Luxottica Group is now a vertically
integrated organization, producing and distributing prescription frames and
sunglasses of high technical quality and style. The constant attention paid to
research and development, technological innovation, the adaptation to market
evolutions in respect of people and the environment, have led Luxottica through
worldwide expansion.
Production - The design, development and
creation of products are mainly concentrated in six plants located in northern Italy.
There are also two fully-controlled production units in China. Two plants specialised in
the production of sports sunglasses operate in the United States. Finally, Luxottica
also has a smaller plant in India,
serving the local market.
Trademarks - Luxottica products are outstanding
in terms of design and high quality and are known all round the world thanks to
a strong and well balanced brand portfolio. House brands include Ray-Ban, one
of the world’s best known sun brands, Oakley, Vogue, Persol, Oliver Peoples,
Arnette and REVO, while its license brands include Bvlgari, Burberry, Chanel,
Dolce & Gabbana, Donna Karan, Polo Ralph Lauren, Paul Smith, Prada, Stella
McCartney, Tiffany, Tory Burch, Versace and, since 2012, Coach.
Wholesale distribution - The Group’s wholesale
distribution network, covering 130 countries across five continents, has 18
distribution centres and over 40 commercial subsidiaries providing direct
operations in key markets. The Group is currently seeking to penetrate emerging
markets and is exploring new channels of distribution such as department
stores, airports and railway stations.
Retail network - Direct wholesale operations
are complemented by an extensive retail network for prescription and sun
segments.
Luxottica Group is a leader in the prescription
business in North America with its LensCrafters and Pearle Vision retail
brands, in Asia-Pacific with OPSM, Laubman & Pank and Budget Eyewear, and
in China
with LensCrafters. In South America, the
Luxottica Group controls Multiopticas S.L., a company managing more than 470
optics stores with brands like Opticas GMO, Econopticas and Sun Planet. In the
retail sun business, the Group operates approximately 2,480 retail locations in
North America, Asia-Pacific, South Africa, Europe and the Middle
East, mainly through the Sunglass Hut brand. In North
America, Luxottica operates over 1,140 stores under the Target
Optical and Sears Optical brands. In addition, Luxottica is one of the largest
Managed Vision Care operators through EyeMed, and the second biggest lens
finisher, having a network of five central laboratories and over 900 on-site
labs at LensCrafters stores.
Oakley - The Oakley brand provides a powerful
wholesale and retail presence in the sports channel through a chain of flagship
"O" stores. In these stores, the Group offers a variety of
Oakley-branded products, like clothes, footwear, backpacks and other
accessories, in addition to the Oakley sunglass styles. Oakley-branded products
include men’s and women’s apparel, footwear and accessories designed for surf,
winter sports, golf, motorcycling, cycling and other athletic lifestyles
In 2010, Luxottica distributed approximately
20.4 million prescription frames and approximately 38.4 million sunglasses, in
approximately 5,900 different styles.”