Luxottica
The parent corporation of Ray-Ban, operating as Meta's exclusive partner in smart glasses.
First Mentioned
9/26/2026, 5:25:04 AM
Last Updated
9/26/2026, 5:26:15 AM
Research Retrieved
9/26/2026, 5:26:15 AM
Summary
Luxottica, originally an Italian multinational eyewear corporation founded by Leonardo Del Vecchio in 1961, has grown to become the world's largest eyewear company. Through a strategy of vertical integration, Luxottica designs, manufactures, distributes, and retails its products, owning numerous subsidiaries and retail chains such as LensCrafters, Sunglass Hut, and Pearle Vision. The company also holds licensing agreements for luxury brands and outright owns iconic names like Ray-Ban, Persol, and Oakley. In January 2017, Luxottica merged with the French company Essilor, creating EssilorLuxottica, a combined entity that commands a significant portion of the global eyewear market. This merger resulted in Luxottica becoming a subsidiary of the new holding company, EssilorLuxottica, which was officially formed on October 1, 2018. Luxottica's products have also been integrated into Meta's smart glasses, developed in partnership with Ray-Ban.
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View on WikipediaLuxottica
Luxottica Group S.p.A. was an Italian eyewear multinational corporation headquartered in Milan. A merger with Essilor happened in January 2017 which made Luxottica a subsidiary of the French company Essilor. 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. It is, since October 2018, a subsidiary of EssilorLuxottica, which arose out of a merger between the Italian company and the French ophthalmic optics corporation Essilor. Luxottica was founded in Agordo by Leonardo Del Vecchio in 1961 as a sunglasses manufacturer selling and branding under its own name. Del Vecchio quickly acquired numerous businesses in the pursuit of vertical integration, buying distribution companies rapidly and signing its first designer licensing agreement with Giorgio Armani. In 1990, the company listed American depositary receipts on the New York Stock Exchange where it traded until 2017. Luxottica retails its products through stores that it owns, predominantly LensCrafters, Sunglass Hut, Pearle Vision, Target Optical, and Glasses.com. It also owns EyeMed, one of the largest vision health insurance providers. In addition to licensing prescription and non-prescription sunglasses frames for many luxury and designer brands including Chanel, Prada, Giorgio Armani, Burberry, Versace, Dolce and Gabbana, Michael Kors, Coach, Miu Miu and Tory Burch, the Italian corporation further outright owns and manufactures Ray-Ban, Persol, Oliver Peoples, and Oakley. 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. The combined entity would command more than one quarter of global value sales of eyewear. In March 2018, the European Commission unconditionally approved the merger of Essilor and Luxottica. On 1 October 2018, the new holding company EssilorLuxottica was born, resulting in combined market capitalization of approximately $70 billion.
Web Search Results
- Luxottica - part of EssilorLuxottica
#ToSeeTheBeautyOfLife™ is the vision that inspires Luxottica’s sustainable business approach and is an integral part of the Group’s strategy. It stems from a notion of universal beauty that comes to life at the intersection of personal well-being, respect for the environment, ethics and the transparency of relations. Learn more on www.luxottica.com/en/toseethebeautyoflife. Luxottica is a leader in the design, manufacture and distribution of fashion, luxury, sports and performance eyewear. Its portfolio includes proprietary brands such as Ray-Ban, Oakley, Vogue Eyewear, Persol, Oliver Peoples, Alain Mikli and Arnette, as well as over 20 licensed brands, including some of the most well-known and prestigious names in the global fashion and luxury industries. The Group’s global wholesale [...] fashion and luxury industries. The Group’s global wholesale distribution network covers more than 150 countries and is complemented by an extensive retail network of approximately 9,200 stores, with LensCrafters and Pearle Vision in North America, OPSM and LensCrafters in Asia-Pacific, GMO and Óticas Carol in Latin America, Salmoiraghi & Viganò in Italy and Sunglass Hut worldwide. In 2019, with approximately 80,000 employees, Luxottica posted net sales of over Euro 9 billion. Additional information on the Group is available at www.luxottica.com. [...] # Luxottica part of EssilorLuxottica Luxury Goods & Jewelry • Milan, Italy • 873,381 followers • 10,001+ employees
- Luxottica Group | Company Overview & News
Luxottica Group S.p.A. is an Italy-based company engaged in the design, manufacture and distribution of prescription frames and sunglasses in the mid-and premium-price categories.
- Luxottica Group Spa Company Profile - Luxottica Group Spa Overview - GlobalData
Luxottica Group SpA (Luxottica), a subsidiary of EssilorLuxottica SA is a designer, manufacturer and distributor of fashion, sports eyewear and luxury products. The company’s product portfolio includes sunglasses, prescription frames, designer frames, advanced lens options and advanced eye care products. Luxottica offers its products under LensCrafters, Pearle Vision, Spectacle Hut, Sunglass Hut, Oakley, GMO, Alain Mikli, OPSM, Oliver People, Laubman & Pank, David Clulow, Ray-Ban and Salmoiraghi & Vigano brand names. The company sells its products in its retail stores and franchised stores. Its distribution channels maintain e-commerce platforms that include Ray-Ban.com, OliverPeoples.com, Oakley.com, Persol.com, SunglassHut.com, Vogue-Eyewear.com and Glasses.com. The company has market [...] Vogue-Eyewear.com and Glasses.com. The company has market presence in North America, Asia-Pacific, Africa, Latin America and Europe. Luxottica is headquartered in Milan, Italy. [...] Gain a 360-degree view of Luxottica Group SpA and make more informed decisions for your business Gain a 360-degree view of Luxottica Group SpA and make more informed decisions for your business Learn more Headquarters Italy Address Piazzale Cadorna, 3, Milan, Lombardia, 20123 Website www.luxottica.com Telephone 39 02 863341 No of Employees 80,000 Industry Consumer Packaged Goods Gain access to our premium signals and make informed decisions for your business Gain access to our premium signals and make informed decisions for your business Learn more ## Luxottica Group SpA premium industry data and analytics ## 2 #### IT Services Contracts
- Luxottica Group SpA - Crunchbase Company Profile & Funding
Luxottica is a global leader in the design, manufacture and distribution of fashion, luxury and sports eyewear with high quality.
- Luxottica Group: Shareholders Board Members Managers and Company Profile | IT0001479374 | MarketScreener
Luxottica Group SpA is an Italy-based company engaged in designing, manufacturing, and distributing of fashion, luxury, sport and performance eyewear. The Company offers wide range of fashion, luxury, and sports eye wear.
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190,000Located In
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Inception Date
1/1/1961
DBPedia
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Luxottica, Valcozzena, Agordo, Belluno, Veneto, 32021, Italia
Coordinates: 46.2834930, 12.0236581
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