×
174
Fashion Jobs
RJCUBE STAFFING SOLUTIONS PVT LTD
Merchandising Manager For Garments Buying House, Noida
Permanent · Noida
ADD UR CO LLP
Production Manager
Permanent · Chennai
HR CAPITAL CONSULTING
General Manager Operations- Garment Export
Permanent · National Capital Region
THE GLOBAL ZONE HR SERVICES
Production Manager/ Manufacturing/ Engineering/ Engineer/ Production
Permanent · National Capital Region
ADD UR CO LLP
Production Manager
Permanent · Chennai
ADD UR CO LLP
Logistics Manager
Permanent · Chennai
PEEPAL HR ASSOCIATES (OPC) PVT LTD
Ceo Textile Business (Please Read The jd Before Applying)
Permanent · Hyderabad
VERUSCHKA
Social Media And PR Specialist
Permanent · MUMBAI
VERUSCHKA
E-Commerce Manager
Permanent · MUMBAI
H&M
E-Commerce Commercial Manager
Permanent · NEW DELHI
H&M
Area Facility Manager
Permanent · NEW DELHI
SAROJ JALAN
Marketing Strategist
Permanent · KOLKATA
ADD UR CO LLP
Production Manager
Permanent · Chennai
THE GLOBAL ZONE HR SERVICES
Production Manager/ Supervisor/ Incharge
Permanent · Pune
PUMA
Manager - Digital Marketing
Permanent · Bengaluru
THE BANYAN HR CONSULTS
Brand Manager For Leading Women's Wear Garments CO at Coimbatore
Permanent · Coimbatore
GLAN MANAGEMENT CONSULTANCY
Senior Buyer Lingerie (Knits Western Wear) - Retail Brand
Permanent · GURUGRAM
JOB INDIA
Warehouse Supervisor (Apparel Industry Exp. Must) Manesar
Permanent · Gurugram
JOB INDIA
Asst. Manager E-Com Operations (Garments Retail) Gurgaon
Permanent · Faridabad
VASTRAKALA EXPORTS
Quality Manager
Permanent · CHENNAI
PUMA
Manager- Buying (Apparel)
Permanent · Bengaluru
PUMA
Manager- Business Intelligence
Permanent · Bengaluru
Published
Jul 13, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Essilor-Luxottica deal gets Competition Commission of India approval

Published
Jul 13, 2017

Essilor International's acquisition of Luxottica Group, which owns popular sunglass brands Ray-Ban, Oakley among others has got the approval from the Competition Commission of India (CCI), India’s fair competition government body.


Archiv


 
In a tweet, the Competition Commission of India (CCI) said that it has approved "acquisition by Essilor International S.A. of Luxottica Group".

Earlier this year the French lens-maker Essilor International SA and Italian frame designer Luxottica Group announced a merger to create a global eyewear giant.

Essilor International CEO Hubert Sagnières has said in an interview to the Mint earlier that the combined unit was eyeing a15-20% market share in India and that it will produce the Luxottica brands currently imported from the USA locally at a facility in Gurgaon to make all brands available and affordable to Indians.
 
As per the notice submitted to the CCI, the transaction would entail a combination of Essilor International S.A. and Luxottica Group S.p.A. businesses consisting of Delfin S.à.r.l. contributing its entire stake in Luxottica, approximately 62 percent, to Essilor in return for newly- issued Essilor shares.
 
Essilor is engaged in ophthalmic lens development and its flagship brands are Varilux, Crizal, Transitions, Eyezen and Xperio while Luxottica is a market leader in fashion, luxury, sports and performance eyewear with brands like Ray-Ban, Oakley, Vogue Eyewear, Persol, Oliver Peoples, Alain Mikli and Arnette.

The company also owns prestigious licenses for Giorgio Armani, Burberry, Bulgari, Chanel, Dolce&Gabbana, Michael Kors, Prada, Ralph Lauren, Tiffany & Co., Versace and Valentino.
 
 
 
 
 

Copyright © 2022 FashionNetwork.com All rights reserved.