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Luxottica's market power has allowed it to charge price markups of up to 1000%. In January 2017, Luxottica announced its merger with Essilor, in which Essilor would buy Luxottica while Del Vecchio would become executive chairman of the combined company, as well as co-lead the company with then-Essilor CEO Hubert Sagnières.
EssilorLuxottica. Global leader driving the transformation of the eyecare and eyewear industry. We are an open network company with an omnichannel go-to-market strategy. We are a fully integrated player addressing the world’s evolving vision needs.
On a technical level, Essilor acquired Luxottica, though Luxottica founder and executive chairman Leonardo Del Vecchio became co-leader of the new conglomerate, which would change its name to contain both companies.
Driven by a continuous pursuit of excellence down to the smallest detail combined with its ongoing investments in R&D, new technologies, equipment, materials and processes, EssilorLuxottica has earned a reputation as a product and brand trailblazer for iconic global eyewear.
EssilorLuxottica is home to some of the most loved and widely-recognized vision care and eyewear brands in the world. With a portfolio of proprietary and licensed brands that cover a wide variety of market segments, we tap into the needs and desires of consumers, offering a strong pipeline of innovation to deliver superior quality products and ...
A fully integrated player addressing the world’s evolving vision needs. From design and development to distribution, we cover every step of the value chain, starting with a powerful R&D platform committed to making EssilorLuxottica a laboratory for med-tech, design and innovation.
EssilorLuxottica’s Direct to Consumer network includes approximately 18,000 stores that offer consumers high-quality vision care and best-in-class shopping experiences, from digital eye exam technology to the latest eyewear trends curated for every style preference.
EssilorLuxottica History: explore our journey from two pioneering companies to the global leader in vision care.
We work for a brighter future, thinking today about the World of tomorrow. We are EssilorLuxottica, a global leader in world-class vision care products, including iconic eyewear, advanced lens technology and cutting-edge digital solutions. Our work goes beyond our business.
Luxottica | 835,257 followers on LinkedIn. part of EssilorLuxottica | #ToSeeTheBeautyOfLife™ is the vision that inspires Luxottica’s sustainable business approach and is an integral part of...