Last €39.67 EUR
Change Today -0.37 / -0.92%
Volume 493.2K
LUX On Other Exchanges
Symbol
Exchange
New York
BrsaItaliana
OTC US
Munich
Stuttgart
As of 11:30 AM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

luxottica group spa (LUX) Snapshot

Open
€39.70
Previous Close
€40.04
Day High
€40.19
Day Low
€39.60
52 Week High
06/23/14 - €43.30
52 Week Low
12/12/13 - €35.22
Market Cap
19.1B
Average Volume 10 Days
573.0K
EPS TTM
€1.19
Shares Outstanding
480.7M
EX-Date
05/19/14
P/E TM
33.2x
Dividend
€0.65
Dividend Yield
1.64%
Current Stock Chart for LUXOTTICA GROUP SPA (LUX)

luxottica group spa (LUX) Related Bloomberg News

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luxottica group spa (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, glasses.com, 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.

Founded in 1961

luxottica group spa (LUX) Top Compensated Officers

Chief Executive Officer, Interim Chief Execut...
Total Annual Compensation: €1.4M
Compensation as of Fiscal Year 2013.

luxottica group spa (LUX) Key Developments

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.

Luxottica Group S.p.A. Appoints Enrico Cavatorta as CEO of Corporate Functions and Interim CEO of Markets

Luxottica Group S.p.A. announced the appointment of Enrico Cavatorta, current General Manager and CFO of the Group as CEO of Corporate Functions. He was also named as Interim CEO of Markets, pending the appointment of a permanent executive to this position. The search process for a CEO of Markets is on-going. Operations, led by Massimo Vian, will temporarily report to the Chairman, Leonardo Del Vecchio. The appointment of Enrico Cavatorta ensures the promotion of internal managerial excellence and provides the necessary strategic continuity. At the same time, the forthcoming appointment of an external co-CEO will introduce fresh energy and expertise in an important phase of evolution for the Group.

Luxottica Eyes Acquisitions

Luxottica Group SpA (BIT:LUX) is seeking acquisitions. Leonardo Del Vecchio, Founder and Executive Chairman of Luxottica Group SpA, said, "I want to grow in the next 10 years even more than in the past 10 years. My aim is that in the next 10 years we will celebrate having double the revenues than we have now. We have done acquisitions, and we will continue to do acquisitions but for companies that do not cannibalise the shops that we already have and the interests that we already have. We would buy a chain that does something different for us."

 

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