Luxottica Group is Associated With and Known as:
Luxottica is one of the largest eyewear companies that were established in the year of 1961 in Agordo north of Belluno. It is an Italian eyewear company controlling more than 80% eyebear brands in the world. The company makes sunglasses and frames for various designer brands such as Prada and Chanel.
Products and Services
Luxottica offers a broad array of sunglasses, spectacle frames, prescription frames, etc. The company provides optical retail services for customers. It has more than 7,000 retail stores that are located in several areas such as in the United States, South Africa, South America, Canada, Australia, Israel, New Zealand, United Kingdom, China, UAE and many others. The company provides online services for customers through its official website. Luxottica serves customers with quality products at an affordable price.
Competitor and Headquarters
Luxottica group works in two business segments such as retailing and manufacturing. According to the record of 2012, it had Revenue of €7,086 million. The major brands are Ray-Ban, Oakley, Oliver People and Persol. Luxottica Company is listed on New York Stock Exchange in the year of 1990. The company competes with Safilo Group S.P.A. The head office of the Luxottica Company is located in Milan in Italy.
Acquisitions and Workforce
In November 2007, the company purchased Oakley in a US$2.1 billion deal and Erroca for €20 million in August 2011. It is the worldwide company that has employed with 70,307 employees.