EssilorLuxottica

Luxottica in-store digital tool.

Mergers and Acquisitions

EssilorLuxottica Loses Court Bid for Information From GrandVision

The eyewear giant may launch an appeal after a court dismissed its attempt to gain information from GrandVision and its owner HAL.

clock August 25, 2020Mimosa Spencer

Luxottica in-store digital tool.

Financial

EssilorLuxottica Takes Acquisition Target to Court

The eyewear giant wants information on how GrandVision has managed during the crisis.

clock July 18, 2020Mimosa Spencer

The first LensCrafters at Macy's Easton Town Center.

Financial

EssilorLuxottica Sees Signs of Recovery

Shareholders approved Paul du Saillant to the board of directors.

clock June 25, 2020Mimosa Spencer

Luxottica in-store digital tool.

Financial

EssilorLuxottica Q1 Sales Down 10.1 Percent as Store Closures Weigh

Activity began to recover in March in China.

clock May 5, 2020Mimosa Spencer

Luxottica in-store digital tool.

Financial

EssilorLuxottica Cancels Dividend for Now, Launches Fund for Employees

The eyewear giant, which is also launching a 100 million euro fund for employees, will reconsider the matter in the second half of the year.

clock April 20, 2020Mimosa Spencer

Versace

Eyewear

Versace, Luxottica Renew Eyewear License

The early, 10-year renewal is effective starting April 1 and is set to expire on Dec. 31, 2029.

clock April 10, 2020Luisa Zargani

Luxottica in-store digital tool.

Financial

Paul du Saillant Joins EssilorLuxottica Board Replacing Essilor CEO

The group is postponing the annual shareholder meeting to June 25 from May 15.

clock March 30, 2020Mimosa Spencer

Sunglass Hut SJP

Financial

EssilorLuxottica Sees COVID-19 Weighing on Q2 Results, Retracts Guidance

Guidance issued earlier in March was based on expectations the virus outbreak would ease up over the next few months.

clock March 27, 2020Mimosa Spencer

Luxottica in-store digital tool.

Financial

EssilorLuxottica Says Coronavirus Impact Is Limited Outside China

The eyewear giant noted slight impact on revenue in other regions, and said inventory is enough for several weeks of demand.

clock March 6, 2020Mimosa Spencer

Luxottica in-store digital tool.

Financial

EssilorLuxottica Co-CFO Hilary Halper Steps Down

The company said it is in the process of appointing a new co-chief financial officer.

clock March 2, 2020Mimosa Spencer

A look from Ray-Ban.

Government and Trade

European Commission Probes EssilorLuxottica’s Purchase of GrandVision

European Union regulators are concerned the proposed merger could lead to higher prices and reduced choices for consumers.

clock February 7, 2020Joelle Diderich

A look from Ray-Ban.

Legal

EssilorLuxottica Reports Financial Fraud at Thailand Plant

The fraudulent financial activities will have an estimated impact of up to 190 million euros on its full-year operating result.

clock December 30, 2019Joelle Diderich

The Milan Bourse

Financial

Leonardo Del Vecchio Becomes Biggest Shareholder in Mediobanca

The Italian entrepreneur, through his Delfin holding, has allegedly reached the limit of 10 percent of the institution’s eligible capital.

clock November 8, 2019Alessandra Turra

Luxottica in-store digital tool.

Financial

EssilorLuxottica Q3 Sales Rise 8.4% With Improvement in U.S.

The eyewear giant noted improved business at Sunglass Hut thanks to digital investments.

clock October 30, 2019Mimosa Spencer

A look from Ray-Ban.

Financial

EssilorLuxottica Expects Up to 600 Million Euros in Synergies by 2023

The eyewear giant said its teams are now working well together.

clock September 26, 2019Jennifer Weil

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Essentialist

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Fashion

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clock October 30, 2020Luis Campuzano

Social Studies

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