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EssilorLuxottica SA is an Italian-French vertically integrated multinational corporation based in Paris and founded on 1 October 2018 from the merger of the Italian Luxottica with the French Essilor. The eyewear -focused group designs, produces and markets ophthalmic lenses , optical equipment, prescription glasses and sunglasses .
Essilor International is a French multinational corporation specialized in the design, manufacture and sale of corrective lenses and ophthalmic optical equipment. [1] Founded in 1972 out of the merger of two French companies operating in the sector, Essel and Silor, [2] it is headquartered in Charenton-le-Pont, near Paris.
Luxottica is a vertically integrated company that designs, manufactures, distributes, and retails eyewear brands worldwide. It owns or licenses many luxury and designer brands, such as Ray-Ban, Persol, Oakley, and Chanel, and merged with Essilor in 2018.
Hubert Sagnières (born 10 May 1955), is a business executive of French and Canadian nationality. He was chairman and CEO of Essilor International from 2012 to 2018 [1] and became executive vice-chairman of EssilorLuxottica while keeping his role of chairman of Essilor International when Essilor merged with Luxottica in 2018.
Subsequently, Francesco Milleri was entrusted with leading the digitization phase of Luxottica’s business processes. At the end of this ten-year period, Leonardo Del Vecchio wanted Milleri to stay in the company on a permanent basis, and appointed him first Director with deputy functions and later Vice-president. [ 4 ]
Costa Del Mar is a division of EssilorLuxottica that produces polarized sunglasses for outdoor sports and activities. The brand name means "coast of the sea" in Spanish and has a logo featuring a stylized sun and waves.
LensCrafters is an international retailer of prescription eyewear and sunglasses, founded in 1983 by E. Dean Butler. It is owned by EssilorLuxottica, the largest eyewear company in the world, and operates 1,158 stores in North America, China, Hong Kong and India.
Leonardo Del Vecchio (1935-2022) was an Italian billionaire businessman, the founder and chairman of Luxottica, the world's largest producer and retailer of glasses and frames. He acquired many brands such as Ray-Ban, Oakley and Sunglass Hut, and owned stakes in Mediobanca, EssilorLuxottica and other companies.