
A row over who is in charge at EssilorLuxottica could drag on for over two years after the recently merged group’s executive chairman filed an arbitration request after alleged violations of a power-sharing agreement.
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A row over who is in charge at EssilorLuxottica could drag on for over two years after the recently merged group’s executive chairman filed an arbitration request after alleged violations of a power-sharing agreement.
The eyewear giant closed the last four-year period with record aggregate sales of €36 billion and an adjusted net margin of over 10%. 2018 revenue was €9 billion, profits just over €900 million.
Leonardo Del Vecchio plans to propose Luxottica Chief Executive Francesco Milleri as CEO of the new merged group EssilorLuxottica, a spokesman for the Luxottica founder said on Monday.
Essilor and Luxottica have announced the finalisation of their merger made possible by the contribution of the Luxottica shares held by Delfin, effective from October 1.
Italian eyewear group Luxottica said on Tuesday it had acquired a 67 percent stake in Fukui Megane, a family-owned Japanese manufacturer specialising in the production of titanium and solid gold spectacles.
European and U.S. competition regulators on Thursday approved the 48-billion-euro (42.49 billion pounds) merger of Italian eyewear maker Luxottica and French lens manufacturer Essilor, sending shares in both companie...
Ray-Ban owner Luxottica said on Monday it expected to close by mid-2018 its proposed merger with lens maker Essilor, while forecasting steady growth in its own sales and profits for the year.
The American brand, created in 1818, offered up a hymn to the motherland on Wednesday night for its first-ever runway show, as part of Pitti Uomo and inside the Palazzo Vecchio's impressive Salone dei Cinquecento.
The Italian eyewear group has streamlined its top management ahead of the merger with French group Essilor, appointing VP Francesco Milleri as CEO, after the early departure of Massimo Vian.
Essilor's CEO indicated that the Essilor-Luxottica conglomerate, born from the merger between the world number one in ophthalmic optics and the eyewear frames giant, will be led by a new GM.