EssilorLuxottica
EssilorLuxottica Sees Signs of Recovery
Shareholders approved Paul du Saillant to the board of directors.
EssilorLuxottica Q1 Sales Down 10.1 Percent as Store Closures Weigh
Activity began to recover in March in China.
EssilorLuxottica Cancels Dividend for Now, Launches Fund for Employees
The eyewear giant, which is also launching a 100 million euro fund for employees, will reconsider the matter…
WWD Recommends
Versace, Luxottica Renew Eyewear License
The early, 10-year renewal is effective starting April 1 and is set to expire on Dec. 31, 2029.
Paul du Saillant Joins EssilorLuxottica Board Replacing Essilor CEO
The group is postponing the annual shareholder meeting to June 25 from May 15.
EssilorLuxottica Sees COVID-19 Weighing on Q2 Results, Retracts Guidance
Guidance issued earlier in March was based on expectations the virus outbreak would ease up over the next few…
EssilorLuxottica Says Coronavirus Impact Is Limited Outside China
The eyewear giant noted slight impact on revenue in other regions, and said inventory is enough for several…
EssilorLuxottica Co-CFO Hilary Halper Steps Down
The company said it is in the process of appointing a new co-chief financial officer.
European Commission Probes EssilorLuxottica’s Purchase of GrandVision
European Union regulators are concerned the proposed merger could lead to higher prices and reduced choices…
EssilorLuxottica Reports Financial Fraud at Thailand Plant
The fraudulent financial activities will have an estimated impact of up to 190 million euros on its full-year…
Leonardo Del Vecchio Becomes Biggest Shareholder in Mediobanca
The Italian entrepreneur, through his Delfin holding, has allegedly reached the limit of 10 percent of the…
EssilorLuxottica Q3 Sales Rise 8.4% With Improvement in U.S.
The eyewear giant noted improved business at Sunglass Hut thanks to digital investments.
EssilorLuxottica Expects Up to 600 Million Euros in Synergies by 2023
The eyewear giant said its teams are now working well together.
EssilorLuxottica’s Expansion Trumps Governance Issues
The eyewear giant has acquired a majority stake in the optical retailer GrandVision, which counts 7,200…
EssilorLuxottica: Leonardo Del Vecchio Voices Concern Over CEO Search
Speaking at the EssilorLuxottica general assembly in Paris, executive chairman Leonardo Del Vecchio said the…