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Luxottica Group S.p.A. is an Italian eyewear multinational corporation headquartered in Milan. As a vertically integrated company, Luxottica designs, manufactures, distributes, and retails its eyewear brands through its own subsidiaries. It is the largest eyewear company in the world.
Essilor and Luxottica were respectively the world's leading manufacturers of ophthalmic lenses and of eyeglasses; upon the merger, EssilorLuxottica thus became the juggernaut of the eyewear industry, which some critics have qualified of near monopoly. Essilor contributed its numerous proprietary lens technologies as well as its subsidiaries to ...
LensCrafters has been a wholly owned subsidiary of Luxottica (which has since merged with Essilor to form EssilorLuxottica), [1] the largest eyewear company in the world, since 1995. [2] [3] At the end of 2018, Luxottica operated 1,158 LensCrafters stores, of which 1,050 are located in North America and 108 are located in China, Hong Kong and ...
After many years as rivals, Essel and Silor merged on 1 January 1972 to form Essilor, then the world's third-largest ophthalmic optical firm. [1] Its first year of existence was marked by the creation of Valoptec, a non-trading company composed of stockholder managers who held half the company's capital stock, and the purchase of Benoist-Bethiot, a French lens manufacturer specializing in ...
Subsequently, Francesco Milleri was entrusted with leading the digitization phase of Luxottica’s business processes. At the end of this ten-year period, Leonardo Del Vecchio wanted Milleri to stay in the company on a permanent basis, and appointed him first Director with deputy functions and later Vice-president. [ 4 ]
Leonardo Del Vecchio (22 May 1935 – 27 June 2022) was an Italian billionaire businessman, the founder and chairman of Luxottica, [1] the world's largest producer and retailer of glasses and frames, [2] with 77,734 employees and over 8,000 stores. [3]