Luxottica

A view of the Prada headquarters where the conference was held

Fashion Scoops

Prada to Host Third ‘Shaping a Future’ Conference in New York

The event will be held on Nov. 8 at the company’s headquarters in the city and explore the impact of ethics within the workplace in shaping the future society.

clock September 11, 2019Martino Carrera

Brunello Cucinelli RTW Fall 2019

Financial

Brunello Cucinelli Sees Doubling of Sales in Next Decade

The entrepreneur believes current trends are in sync with his brand’s style, and as he reported his company’s solid first-half figures on Wednesday, he said he expected a “particularly positive 2019.”

clock August 28, 2019Luisa Zargani

A look from Ray-Ban.

Mergers and Acquisitions

EssilorLuxottica’s Expansion Trumps Governance Issues

The eyewear giant has acquired a majority stake in the optical retailer GrandVision, which counts 7,200 stores worldwide.

clock July 31, 2019Fleur Burlet

A look from Ray-Ban.

Mergers and Acquisitions

EssilorLuxottica: Leonardo Del Vecchio Voices Concern Over CEO Search

Speaking at the EssilorLuxottica general assembly in Paris, executive chairman Leonardo Del Vecchio said the recruitment is proving difficult.

clock May 16, 2019Fleur Burlet

Luxottica

Mergers and Acquisitions

EssilorLuxottica Managers Forge Deal to Resolve Governance Dispute

The agreement comes ahead of the company’s annual general shareholder meeting on May 16.

clock May 13, 2019Mimosa Spencer

Mark Zuckerberg Facebook

Fashion Scoops

Mark Zuckerberg Pays Visit to Luxottica’s Headquarters

Facebook’s founder was seen at the eyewear powerhouse’s plant flanked by the company’s chairman Leonardo Del Vecchio and vice president Luigi Francavilla.

clock May 9, 2019Sandra Salibian

Luxottica in-store digital tool.

Financial

EssilorLuxottica Q1 Sales Rise 7.5% Lifted by Optical Retail Business

The company flagged strong performances from LensCrafters and Target Optical.

clock May 7, 2019Mimosa Spencer

Gucci SS17 eyewear campaign.

Eyewear

Paris Court Moves to Break Deadlock at EssilorLuxottica

It has named Frank Gentin as the ad hoc agent at the eyewear giant, where top management has been clashing.

clock April 26, 2019Jennifer Weil

A look from Prada.

Eyewear

EssilorLuxottica Board Nixes Proposed Resolution for New Member or Two

The suggestion had been submitted by shareholders to help unblock a deadlock at the world’s largest eyewear company.

clock April 24, 2019Jennifer Weil

Ray-Ban

Legal

Leonardo Del Vecchio’s Delfin Initiates Arbitration Process Over EssilorLuxottica

The request for arbitration has been deposited at the International Chamber of Commerce “to ascertain violations” to the Essilor and Luxottica merger inked in 2017.

clock March 28, 2019Luisa Zargani

Ray Ban's Aviator sunglasses

Mergers and Acquisitions

Merged EssilorLuxottica Plagued by Power Struggle

Luxottica founder Leonardo Del Vecchio, the merged group’s largest shareholder, has engaged in a public tit-for-tat with Hubert Sagnières, its executive vice chairman.

clock March 21, 2019Alex Wynne

A look from Ray-Ban.

Financial

EssilorLuxottica’s Share Price Tumbles

The market reacted negatively to indications that the integration of Essilor and Luxottica will take longer than expected.

clock March 8, 2019Jennifer Weil

Ray-ban

Eyewear

EssilorLuxottica Pro Forma Profits Dip 1.7% in 2018

The newly formed eyewear behemoth posted a 1.2 percent pro forma sales decline in the 12-month period.

clock March 8, 2019Jennifer Weil

Ray-Ban

Eyewear

Luxottica Delists From Milan Stock Exchange

Effective on March 5, the delisting follows the birth of EssilorLuxottica on Oct. 1 last year.

clock March 5, 2019Luisa Zargani

The scene at Mido 2019.

Eyewear

Digital Services, Tools Key at Mido 2019

The Italian eyewear industry, which reported sales of 3.86 billion euros in 2018, is on a slow-paced but constant growth trajectory.

clock March 1, 2019Martino Carrera

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Essentialist

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Christie Fleischer CEO Benefit Cosmetics

Beauty

Benefit Names Christie Fleischer as CEO

clock 56mAlexa Tietjen

Social Studies