The aid package and agreement with the unions come as chairman Leonardo Del Vecchio donates 10 million euros to a new Milan hospital through his namesake foundation.
European Union regulators are concerned the proposed merger could lead to higher prices and reduced choices for consumers.
“The era of fashion and technology becoming inextricably intertwined is upon us.”
The fraudulent financial activities will have an estimated impact of up to 190 million euros on its full-year operating result.
The topic was discussed at the fifth edition of the CEO Roundtable summit held in Milan.
According to PwC, 90 percent of the county’s Millennial and Gen Z customers would pay a premium price to purchase ethical products.
The eyewear giant noted improved business at Sunglass Hut thanks to digital investments.
At Vision Expo West, eyewear execs talked macro forces shaping the industry, as the trade show itself evolves.
The eyewear giant said its teams are now working well together.
The Luxottica-owned retailer created one sunglass style, sold in five colorways, a collaboration with the actress and style icon’s SJP by Sarah Jessica Parker line.