Luxottica, the world’s largest eyewear manufacturer, reported 4.55 billion euros in revenue in the first half of 2018, with a marginal increase of 0.3 percent. Despite the flat results the com

Luxottica Group has announced the acquisition of the Italian manufacturer of optical glass sun lenses, Barberini S.p.A. The transaction is valued at approximately 140 million euro (163 million US dol

Sunglass Hut will be the exclusive seller of sunglasses at the outdoor stores Bass Pro and Cabela’s. Bass Pro Outdoor World, owner of the two outdoor brands, has announced a partnership with th

Luxottica closed the first quarter of 2018 with sales down by 0.8 percent at constant exchange rates and 10.7 percent at current exchange to 2,136 million euros (2,591 million dollars), which the com

Luxottica, the Italian eyewear giant that makes glasses for brands including Chanel, Burberry and Armani, is merging with French company Essilor, the world's leading lens maker, creating a group wort

In a preliminary results statement, Luxottica Group said that the company closed the fourth quarter of 2017 with sales up 4.3 percent at constant exchange down 2.3 percent at current exchange rates a

Luxottica Group has announced that its chief executive officer for product and operations Massimo Vian has left the company three months before his term expires and the group will consolidate executi

Announcing its results for the third quarter of FY17, Luxottica said that its net sales increased 0.8 percent at constant exchange but declined 3.5 percent at current exchange rates as a result of th

The Luxottica Group said that net sales grew by 4.2 percent or 1.8 percent at constant exchange to 4,917 million euros (5,732 million dollars), in the first half of 2017, with sustained profitability

The Italian group of high-end glasses has completed the acquisition of the Brazilian company, paying a total of 110 million euros for the totality of Óticas Carol’s capital. The Italian

There’s no change in the top four companies in the latest Global Powers of Luxury Goods report conducted by audit and consulting firm Deloitte, which analyses the top 100 luxury companies in th

Luxottica's first quarter revenues were up 5.2 percent to 2,384 million euros (2,596 million dollars), which the company said was a result of the group’s strong performance in Europe and Latin

PODCAST: In this monthly Style Friday podcast series directed by Yankeemagazines contributor Euromonitor Intenational, Adeline Ho, an Industry Research Associate at Euromonitor International, gives u

Italian eyewear group Luxottica is expanding its presence in the optical franchise business with around 950 stores after agreeing to buy Brazilian optical chain Oticas Carol in an 110 million euro de

London - Luxottica, the Italian manufacturer and distributor of luxury eyewear, this week stated it would reduce its profit outlook as the company is set to spend 1.5 billion euro to 2018 on improvin

London - Luxottica and Valentino have announced an exclusive 10-year eyewear license agreement for the design, manufacture and worldwide distribution of Valentino eyewear. The first collection under

Italian eyewear maker Luxottica has confirmed that its co-chief executive officer Adil Mehboob-Khan has resigned and will be replaced by founder Leonardo Del Vecchio, as the board of directors approv

London - British heritage brand Burberry has confirmed that it has renewed its eyewear licensing deal with Luxottica, for the design, production and worldwide distribution of the brand’s eyewea

New York - Eight months ago, Andrea Guerra, the former CEO of Luxottica, abruptly left his position at the company leaving many scratching their heads as to why. Eight months later, Luxottica Chairma

Italian fashion house Prada has announced that it is renewing its eyewear licensing agreement with eyewear manufacturer and distributor Luxottica until 2025. The exclusive agreement will see Lux

In what is a very brilliant business move, JD.com has signed a deal with Luxottica group, creating one of the biggest sunglasses partnerships in history. The Italian eye-wear maker will continue to s

After a rocky end to the year, when Ray Ban sunglasses parent company Luxottica saw former CEO Andrea Guerra and his replacement to leave in quick succession, the new management is up and running...

Deckers Brands, parent company of Uggs, has appointed Sergio Azzolari as its Senior Vice President for the Europe, Middle East and Africa region (EMEA), commencing 2 February, 2015. “We are del

Luxottica, the world’s largest eyewear maker, has announced that they are introducing a new management structure based on a co-CEO model, following the departure of its chief executive officer

Luxury fashion house Chanel has extended its licensing agreement with Italian eyewear manufacturerLuxottica for the exclusive development, manufacture and worldwide distribution of Chanel-branded pre

REPORT_ In the first quarter of 2014, group’s net sales were 1.8 billion euros (2.4 billion dollars), up by 4.2 percent at constant exchange rates. Company’s wholesale division’s ne

Italian eyewear group Luxottica has signed a ten-year licensing deal with American designer Michael Kors to produce eyewear collections for both the Michael Kors Collection and the Michael Michael Ko

Google is teaming up with Luxottica, the group behind Ray-Ban and Oakley, to “design, develop and distribute a new breed of eyewear for Glass”, the technology company’s computerised

REPORT_ The Board of Directors of Luxottica Group has approved the draft Statutory Financial Statements and its consolidated financial results for the year ended December 31, 2013, company delivered

REPORT_ Luxottica net sales for the full year 2013 increased by 7.5 percent at constant exchange rates and 3.2 percent at current exchange rates compared to 2012. In particular, Luxottica achieved ex