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OneSight is not mentioned in Wikipedia's article for Luxottica. This could be a small edit and/or OneSight could have it's own page on Wikipedia as well. Marycontrary ( talk) 20:20, 13 July 2009 (UTC)
Luxottica also recently acquired Glasses.com, which does not have its own page. Would it be noteable if a page was created for it? — Preceding unsigned comment added by 204.128.220.10 ( talk) 16:11, 27 April 2016 (UTC)
Please, take note that I'm working on the restyling of Luxottica english profile on Wikipedia. These changes regard contents and page stucture. -- Michele Laterza ( talk) 13:39, 23 September 2010 (UTC)
Hello,
in order to improve the Luxottica article, here I'm proposing new references for the existing content. Looking forward to hearing some feedback.
Michele Laterza (
talk) 10:32, 10 August 2011 (UTC)
Luxottica Group S.p.A. is the world's largest eyewear company. [1] Its best known brands include Ray-Ban, Persol and Oakley, Inc.. It also makes sunglasses and prescription frames for a multitude of designer brands such as Chanel and Prada, whose designs and trademarks are used under license. Luxottica also makes sunglasses branded Burberry, Polo Ralph Lauren, Stella McCartney, Tiffany, Versace, Vogue, Miu Miu, Tory Burch and Donna Karan. [2] Its prime competitor is the Safilo Group S.p.A.
References
Leonardo Del Vecchio started the company in 1961, [1] in Agordo north of Venice, Italy; today the company is headquartered in Milan.
Del Vecchio began his career as the apprentice to a tool and die maker in Milan, but decided to turn his metalworking skills to making spectacle parts. So in 1961 he moved to Agordo in the province of Belluno, which is home to most of the Italian eyewear industry. [2] The new company was Luxottica s.a.s. a limited partnership with Del Vecchio as one of the founding partners. [2] In 1967 he started selling complete eyeglass frames under the Luxottica brand, which proved successful enough that by 1971 he ended the contract manufacturing business. [3]
Convinced of the need for vertical integration, in 1974 he acquired Scarrone, a distribution company. [2] In 1981 the company set up its first international subsidiary, in Germany, the first in a rapid period of international expansion. [2] The first of many licensing deals with a designer was struck with Armani, in 1988. [4]
The company listed in New York in 1990, [5] and in Milan in December 2000, [6] joining the MIB-30 (now S&P/MIB) index in September 2003. [7] The listing raised money for the company and allowed it to use its shares to acquire other brands, starting with Italian brand Vogue in 1990, Persol and US Shoe Corporation (LensCrafters) in 1995, Ray-Ban in 1999 and Sunglass Hut, Inc. in 2001. [2] Luxottica later increased its presence in the retail sector by acquiring Sydney-based OPSM in 2003, Pearle Vision and Cole National in 2004. [8]
The company also acquired Oakley in a US$2.1bn deal in November 2007. [9]
Luxottica's two main product offerings are sunglasses and prescription frames. The company operates in two sectors: manufacturing & wholesale distribution, and retail distribution. [10] The house brands include: [11] [12]
The company also creates eyewear under license for designer labels such as: [11] [12]
These brands are sold in the company's own shops, as well as to independent distributors such as department stores, duty-free shops and opticians.
Luxottica Retail has nearly 5000 retail locations in the United States, Canada, China, Australia, New Zealand,South Africa, Israel and the United Kingdom. The headquarters of the retail division is in Mason, Ohio. [8] Their retail banners include: Sunglass Hut International, LensCrafters, OPSM, Laubman & Pank, Budget Eyewear, Bright Eyes, Pearle Opticians, Pearle Vision, Surfeyes, Sears Optical, Target Optical, BJ's Optical, Cole Vision Care, ICON, and ILORI. [10] Luxottica also own EyeMed Vision Care, one of the leading managed vision care organizations in the United States. [13]
References
Hello,
I would like to propose a table with comparative data covering the latest 5 years. Do you have any suggestions to improve the following content?
Thanks,
Michele Laterza (
talk) 17:03, 27 September 2011 (UTC)
Year | Net sales (€) | Operative income (€) | Net income (€) |
---|---|---|---|
2010 | 5,798,035 | 712,159 | 407,258 |
2009 | 5,094,318 | 571,085 | 299 |
2008 | 5,201,611 | 731,693 | 397,872 |
2007 | 4,966,054 | 833,264 | 498,199 |
2006 | 4,676,156 | 768,853 | 437,439 |
* data retrieved from Luxottica website
Hello,
I would like to add on Luxottica's article information about its shareholders. Do you have any feedback on this?
Thanks,
Michele Laterza (
talk) 15:59, 12 December 2011 (UTC)
The list of Luxottica shareholders with more than 2% of holdings, represented by voting shares at April 28, 2011. [1]
• Delfin S.A.R.L. 66.98%
• Giorgio Armani 4.87%
• Treasury Share 1.39%
• Other shareholders < 2% 26.76%
Subscript text
References
I think a criticism section regarding Luxoticca's near monopoly on sunglasses and eyeglasses is in order. Maybe monopoly is putting it too over the top, but there is at least a duopoly in the glasses market. Suggestions, ideas? Jr991999 ( talk) 15:23, 30 July 2012 (UTC)
Agreed, it is a highly important topic and should in no way be left out of the entry. I guess it could be called a duopoly with Safilo. These two companies control, and jack up the price of glasses to many times more expensive than the value goods produced. They buy out every frame designer. The only other way to get a frame thats not made by them is to import from asia (which they often are anyway, then swiftly marked up, way up) I worked in optical and it is common industry knowledge but here's a link since I guess I need one... http://www.cbsnews.com/8301-18560_162-57527151/sticker-shock-why-are-glasses-so-expensive/ WikiWikiWhat14 ( talk) 06:04, 17 October 2012 (UTC)
Come on, this is supposed to be WIKI pedia. Don't make this change take forever or make it a pain in the butt!!!!! WikiWikiWhat14 ( talk) 23:43, 17 October 2012 (UTC)
I added a link to Safilo, competitor and second largest company. The 2012 interview also mentioned that Walmart and Costco were also competitors but they aren't dedicated eyewear manufacturers. MartinezMD ( talk) 15:01, 4 July 2017 (UTC)
Not sure if you have caught this yet, but someone sneaked in a personal attack that needs to be removed:
"Del Vecchio had contracted a severe case of "Jungle Fever" by 1969 and could no longer operate without sastifying his demonic desires. He has been accused of sucking the life force out of over 5,000 Haitian children via oral sex." — Preceding unsigned comment added by 71.239.224.64 ( talk) 18:53, 14 January 2013 (UTC)
This edit changed several numbers in the article. For example, €7,313 million was changed to €7,313 billion.
I think we're looking at a case of varying uses of commas and periods in numbers. 7,313 million generally means 7,313,000,000 (seven thousand three hundred thirteen million = over 7 billion). The edit seems to be using the comma as a decimal indicator (7 point 313 billion). Please refer to WP:DECIMAL.
Luxottica did not have revenue of €7.3 trillion (roughly US$8.3 trillion). For comparison, ExxonMobil (a substantially larger company) reports revenue of US$407 billion. Additionally, the source cited clearly states "Net income was also up 20% over 2011, reaching Euro 542 million", a realistic figure against revenue of 7 billion (absurdly low against revenue of 7 trillion). - SummerPhD ( talk) 17:32, 22 January 2015 (UTC)
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The lead of the Luxottica article currently states:
And the lead of the Essilor article states:
It is not clear from this as to which company acquired the other.
Also, shouldn't the infobox of one of them contain a "Fate" line, stating "Acquired by ____ in 2018"? 96.22.66.24 ( talk) 20:44, 7 August 2018 (UTC)
Pretty much what I wrote in Headline above. Any agree'ers?? This page Luxottica should AUTO-redirect to /info/en/?search=EssilorLuxottica - Thanks for reading this far! Vid2vid ( talk) 05:47, 2 March 2019 (UTC)
Perhaps this history should make its way into the article but it appears to me that Luxottica has been listed at different exchanges over the years and since the ownership/structure change in 2017 hasn't been listed independently.
NYSE:LUX (as per infobox now) BIT:LUX
Perhaps we should update/remove the information in the infobox.
I agree with you the stock numbers are to variable to be in this article. But, perhaps the historical numbers cited (the only numbers that we have) can be useful context about ownership and put into the history section? I made some small edits to the "Major shareholders" section to make it up to date, but was thinking it should be either reformatted into a paragraph style in the History section, or just move the section to immediately follow after History?
Maybe the history should be updated to include some post EssilorLuxottica merger updates? Or maybe this article should be merged, as suggested below? I don't know enough about the topic. Rusl ( talk) 22:22, 21 April 2023 (UTC)
The line "With its merger with Essilor in 2018 the company owns Coastal/Clearly, an online contacts and glasses retail giant bought in 2014 that ships to over 200 countries beside its original North American market." need some citation given that there's fewer than 200 countries recognized by the UN. Unless they're shipping to every recognized country plus a few others, this number doesn't seem correct. — Preceding unsigned comment added by 2601:18D:57F:9D3A:91BF:A91:CE4E:759F ( talk) 20:11, 22 December 2020 (UTC)
This article is rated C-class on Wikipedia's
content assessment scale. It is of interest to the following WikiProjects: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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OneSight is not mentioned in Wikipedia's article for Luxottica. This could be a small edit and/or OneSight could have it's own page on Wikipedia as well. Marycontrary ( talk) 20:20, 13 July 2009 (UTC)
Luxottica also recently acquired Glasses.com, which does not have its own page. Would it be noteable if a page was created for it? — Preceding unsigned comment added by 204.128.220.10 ( talk) 16:11, 27 April 2016 (UTC)
Please, take note that I'm working on the restyling of Luxottica english profile on Wikipedia. These changes regard contents and page stucture. -- Michele Laterza ( talk) 13:39, 23 September 2010 (UTC)
Hello,
in order to improve the Luxottica article, here I'm proposing new references for the existing content. Looking forward to hearing some feedback.
Michele Laterza (
talk) 10:32, 10 August 2011 (UTC)
Luxottica Group S.p.A. is the world's largest eyewear company. [1] Its best known brands include Ray-Ban, Persol and Oakley, Inc.. It also makes sunglasses and prescription frames for a multitude of designer brands such as Chanel and Prada, whose designs and trademarks are used under license. Luxottica also makes sunglasses branded Burberry, Polo Ralph Lauren, Stella McCartney, Tiffany, Versace, Vogue, Miu Miu, Tory Burch and Donna Karan. [2] Its prime competitor is the Safilo Group S.p.A.
References
Leonardo Del Vecchio started the company in 1961, [1] in Agordo north of Venice, Italy; today the company is headquartered in Milan.
Del Vecchio began his career as the apprentice to a tool and die maker in Milan, but decided to turn his metalworking skills to making spectacle parts. So in 1961 he moved to Agordo in the province of Belluno, which is home to most of the Italian eyewear industry. [2] The new company was Luxottica s.a.s. a limited partnership with Del Vecchio as one of the founding partners. [2] In 1967 he started selling complete eyeglass frames under the Luxottica brand, which proved successful enough that by 1971 he ended the contract manufacturing business. [3]
Convinced of the need for vertical integration, in 1974 he acquired Scarrone, a distribution company. [2] In 1981 the company set up its first international subsidiary, in Germany, the first in a rapid period of international expansion. [2] The first of many licensing deals with a designer was struck with Armani, in 1988. [4]
The company listed in New York in 1990, [5] and in Milan in December 2000, [6] joining the MIB-30 (now S&P/MIB) index in September 2003. [7] The listing raised money for the company and allowed it to use its shares to acquire other brands, starting with Italian brand Vogue in 1990, Persol and US Shoe Corporation (LensCrafters) in 1995, Ray-Ban in 1999 and Sunglass Hut, Inc. in 2001. [2] Luxottica later increased its presence in the retail sector by acquiring Sydney-based OPSM in 2003, Pearle Vision and Cole National in 2004. [8]
The company also acquired Oakley in a US$2.1bn deal in November 2007. [9]
Luxottica's two main product offerings are sunglasses and prescription frames. The company operates in two sectors: manufacturing & wholesale distribution, and retail distribution. [10] The house brands include: [11] [12]
The company also creates eyewear under license for designer labels such as: [11] [12]
These brands are sold in the company's own shops, as well as to independent distributors such as department stores, duty-free shops and opticians.
Luxottica Retail has nearly 5000 retail locations in the United States, Canada, China, Australia, New Zealand,South Africa, Israel and the United Kingdom. The headquarters of the retail division is in Mason, Ohio. [8] Their retail banners include: Sunglass Hut International, LensCrafters, OPSM, Laubman & Pank, Budget Eyewear, Bright Eyes, Pearle Opticians, Pearle Vision, Surfeyes, Sears Optical, Target Optical, BJ's Optical, Cole Vision Care, ICON, and ILORI. [10] Luxottica also own EyeMed Vision Care, one of the leading managed vision care organizations in the United States. [13]
References
Hello,
I would like to propose a table with comparative data covering the latest 5 years. Do you have any suggestions to improve the following content?
Thanks,
Michele Laterza (
talk) 17:03, 27 September 2011 (UTC)
Year | Net sales (€) | Operative income (€) | Net income (€) |
---|---|---|---|
2010 | 5,798,035 | 712,159 | 407,258 |
2009 | 5,094,318 | 571,085 | 299 |
2008 | 5,201,611 | 731,693 | 397,872 |
2007 | 4,966,054 | 833,264 | 498,199 |
2006 | 4,676,156 | 768,853 | 437,439 |
* data retrieved from Luxottica website
Hello,
I would like to add on Luxottica's article information about its shareholders. Do you have any feedback on this?
Thanks,
Michele Laterza (
talk) 15:59, 12 December 2011 (UTC)
The list of Luxottica shareholders with more than 2% of holdings, represented by voting shares at April 28, 2011. [1]
• Delfin S.A.R.L. 66.98%
• Giorgio Armani 4.87%
• Treasury Share 1.39%
• Other shareholders < 2% 26.76%
Subscript text
References
I think a criticism section regarding Luxoticca's near monopoly on sunglasses and eyeglasses is in order. Maybe monopoly is putting it too over the top, but there is at least a duopoly in the glasses market. Suggestions, ideas? Jr991999 ( talk) 15:23, 30 July 2012 (UTC)
Agreed, it is a highly important topic and should in no way be left out of the entry. I guess it could be called a duopoly with Safilo. These two companies control, and jack up the price of glasses to many times more expensive than the value goods produced. They buy out every frame designer. The only other way to get a frame thats not made by them is to import from asia (which they often are anyway, then swiftly marked up, way up) I worked in optical and it is common industry knowledge but here's a link since I guess I need one... http://www.cbsnews.com/8301-18560_162-57527151/sticker-shock-why-are-glasses-so-expensive/ WikiWikiWhat14 ( talk) 06:04, 17 October 2012 (UTC)
Come on, this is supposed to be WIKI pedia. Don't make this change take forever or make it a pain in the butt!!!!! WikiWikiWhat14 ( talk) 23:43, 17 October 2012 (UTC)
I added a link to Safilo, competitor and second largest company. The 2012 interview also mentioned that Walmart and Costco were also competitors but they aren't dedicated eyewear manufacturers. MartinezMD ( talk) 15:01, 4 July 2017 (UTC)
Not sure if you have caught this yet, but someone sneaked in a personal attack that needs to be removed:
"Del Vecchio had contracted a severe case of "Jungle Fever" by 1969 and could no longer operate without sastifying his demonic desires. He has been accused of sucking the life force out of over 5,000 Haitian children via oral sex." — Preceding unsigned comment added by 71.239.224.64 ( talk) 18:53, 14 January 2013 (UTC)
This edit changed several numbers in the article. For example, €7,313 million was changed to €7,313 billion.
I think we're looking at a case of varying uses of commas and periods in numbers. 7,313 million generally means 7,313,000,000 (seven thousand three hundred thirteen million = over 7 billion). The edit seems to be using the comma as a decimal indicator (7 point 313 billion). Please refer to WP:DECIMAL.
Luxottica did not have revenue of €7.3 trillion (roughly US$8.3 trillion). For comparison, ExxonMobil (a substantially larger company) reports revenue of US$407 billion. Additionally, the source cited clearly states "Net income was also up 20% over 2011, reaching Euro 542 million", a realistic figure against revenue of 7 billion (absurdly low against revenue of 7 trillion). - SummerPhD ( talk) 17:32, 22 January 2015 (UTC)
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Cheers.— InternetArchiveBot ( Report bug) 07:56, 12 December 2017 (UTC)
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I have just modified one external link on Luxottica. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
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The lead of the Luxottica article currently states:
And the lead of the Essilor article states:
It is not clear from this as to which company acquired the other.
Also, shouldn't the infobox of one of them contain a "Fate" line, stating "Acquired by ____ in 2018"? 96.22.66.24 ( talk) 20:44, 7 August 2018 (UTC)
Pretty much what I wrote in Headline above. Any agree'ers?? This page Luxottica should AUTO-redirect to /info/en/?search=EssilorLuxottica - Thanks for reading this far! Vid2vid ( talk) 05:47, 2 March 2019 (UTC)
Perhaps this history should make its way into the article but it appears to me that Luxottica has been listed at different exchanges over the years and since the ownership/structure change in 2017 hasn't been listed independently.
NYSE:LUX (as per infobox now) BIT:LUX
Perhaps we should update/remove the information in the infobox.
I agree with you the stock numbers are to variable to be in this article. But, perhaps the historical numbers cited (the only numbers that we have) can be useful context about ownership and put into the history section? I made some small edits to the "Major shareholders" section to make it up to date, but was thinking it should be either reformatted into a paragraph style in the History section, or just move the section to immediately follow after History?
Maybe the history should be updated to include some post EssilorLuxottica merger updates? Or maybe this article should be merged, as suggested below? I don't know enough about the topic. Rusl ( talk) 22:22, 21 April 2023 (UTC)
The line "With its merger with Essilor in 2018 the company owns Coastal/Clearly, an online contacts and glasses retail giant bought in 2014 that ships to over 200 countries beside its original North American market." need some citation given that there's fewer than 200 countries recognized by the UN. Unless they're shipping to every recognized country plus a few others, this number doesn't seem correct. — Preceding unsigned comment added by 2601:18D:57F:9D3A:91BF:A91:CE4E:759F ( talk) 20:11, 22 December 2020 (UTC)