October 21, 2014 12:25 PM ET

Textiles, Apparel and Luxury Goods

Company Overview of Luxottica Group SpA

Company Overview

Luxottica Group S.p.A., together with its subsidiaries, provides luxury and sports eyewear worldwide. The company operates in two segments, Manufacturing and Wholesale Distribution, and Retail Distribution. The Manufacturing and Wholesale Distribution segment is engaged in the design, manufacture, wholesale distribution, and marketing of proprietary brand and designer lines of prescription frames and sunglasses. This segment offers various sports eyewear products, and men’s and women’s apparel, footwear, and accessories under proprietary brands, such as Ray-Ban, Oakley, Persol, Alain Mikli, Vogue Eyewear, Arnette, K&L, Luxottica, Mosley Tribes, Oliver Peoples, and Sferoflex; and licensed bra...

Via C. Cantù 2

Milan, MI 20123

Italy

Founded in 1961

73,400 Employees

Phone:

39 02 863341

Key Executives for Luxottica Group SpA

Luxottica Group SpA does not have any Key Executives recorded.

Luxottica Group SpA Key Developments

Luxottica Group SpA, Board Meeting, Oct 13, 2014

Luxottica Group SpA, Board Meeting, Oct 13, 2014. Agenda: To consider executive changes.

Luxottica Group Spa Announces the Resignation of its CEO Enrico Cavatorta

Luxottica Group S.p.A. announced the resignation of its CEO Enrico Cavatorta. Del Vecchio will propose that the board appoint Massimo Vian, current chief operations officer, with the mandate of co-CEO for Operations and Product, and to entrust him on an interim basis with responsibility for Corporate Functions and Markets. If approved, all business functions and related responsibilities will consequently be under the exclusive responsibility of the two co-CEOs.

Andrea Guerra Leaves Luxottica Group, S.p.A as CEO

Luxottica Group, S.p. A announced that its Chief Executive officer, Andrea Guerra, left the company, as has been speculated. He had been CEO for nearly 10 years and reportedly told reporters the move comes after differences with founder Leonardo Del Vecchio.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 10, 2014
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Merger/Acquisition
October 10, 2014
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Merger/Acquisition
September 2, 2014
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