PROFILE OF LUXOTTICA GROUP
PROFILE OF LUXOTTICA GROUP
Luxottica Group is a global leading designer, manufacturer and distributor of premium and luxury prescription frames and sunglasses. Thanks to its global distribution network in both its retail and wholesale businesses, the Group now operates in all the world’s most important markets. In the retail market, the Group can boast the most extensive distribution in the industry, with over 6,400 stores in the optical and sun market segments. The Group is a leading retail operator in North America, China, Australia, New Zealand and the United Kingdom. Luxottica’s wholesale distribution network covers 130 countries, with direct operations in the world’s 44 most important eyewear markets.
Luxottica Group’s brand portfolio currently has more than 20 house and under license brands. House brands include Ray-Ban, the world’s best-selling sun and prescription eyewear brand, Arnette, Oakley, Persol, Revo, and Vogue. License brands include Bvlgari, Burberry, Chanel, Dolce & Gabbana, Polo Ralph Lauren, Prada, Tiffany & Co., and Versace. The Group’s products are designed and manufactured in six manufacturing plants in Italy, two wholly owned plants in China and two facilities in the United States.
Over the years, Luxottica has become a global leader in its industry thanks to its:
- vertically integrated design-production-distribution model, both in wholesale and retail, which is unique in the sector;
- wide-reaching wholesale and retail distribution network, which maximizes the Group’s ability to serve the market and keep distribution costs and times under tight control;
- brand portfolio, one of the strongest and most balanced in the industry;
- high, and continuously improving, product quality;
- production efficiency and flexibility, enabling it to rapidly address changes in the market; and
- strong focus on pre- and post-sales services.