Last €38.43 EUR
Change Today +0.52 / 1.36%
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As of 2:21 AM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

luxottica group spa-spon adr (LUX) Snapshot

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06/30/14 - €43.23
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12/12/13 - €34.37
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luxottica group spa-spon adr (LUX) Related Bloomberg News

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luxottica group spa-spon adr (LUX) Details

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 brands comprising Armani, Brooks Brothers, Bulgari, Burberry, Chanel, Coach, Dolce & Gabbana, Donna Karan, Paul Smith, Prada, Ralph Lauren, Starck Eyes, Stella McCartney, Tiffany & Co., Tory Burch, and Versace. The Retail Distribution segment operates optical retail stores under the brand names of LensCrafters, Pearle Vision, Sears Optical, Target Optical, OPSM, Laubman & Pank, and GMO; and sun and luxury retail stores under the brand names of Sunglass Hut, ILORI, Optical Shop of Aspen, Oliver Peoples, David Clulow, and Oakley O' Stores and Vaults. The company also operates EyeMed Vision Care,, and other brand e-commerce sites, as well as Vision Direct, an online contact lens retailer store. Luxottica Group S.p.A. serves retailers of mid- to premium-priced eyewear, such as independent opticians, optical retail chains, specialty sun retailers, department stores, and duty-free shops, as well as independent opticians, ophthalmologists, and optometrists. As of April 29, 2014, the company operated 7,000 optical and sun retail stores in North America, the Asia-Pacific, China, South Africa, Latin America, and Europe. The company was founded in 1961 and is headquartered in Milan, Italy. Luxottica Group S.p.A. is a subsidiary of Delfin S.à r.l.

73,400 Employees
Last Reported Date: 08/1/14
Founded in 1961

luxottica group spa-spon adr (LUX) Top Compensated Officers

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Executives, Board Directors

luxottica group spa-spon adr (LUX) Key Developments

Luxottica Appoints Adil Mehboob-Khan as Co-CEO

Luxottica Group has named former Procter & Gamble executive Adil Mehboob-Khan as its other co-CEO, along with Massimo Vian. The board will vote on Mehboob-Khan's appointment on October 29, 2014.

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.


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LUX:GR €38.43 EUR +0.52

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Valuation LUX Industry Range
Price/Earnings 30.1x
Price/Sales 2.3x
Price/Book 3.9x
Price/Cash Flow 30.3x
TEV/Sales 1.8x

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