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EssilorLuxottica
EssilorLuxottica SA is a Franco-Italian Vertical integration, vertically integrated multinational corporation, multinational holding company registered in Charenton-Le-Pont and headquartered in nearby Paris. It designs, produces and markets ophthalmology, ophthalmic corrective lens, lenses, optics, equipment and optical instrument, instruments, Eyeglass prescription, prescription glasses and sunglasses. It was founded on 1 October 2018 and its name is an amalgamation of the two major corporations which merged to create it; the French Essilor and the Italian Luxottica. The two companies have, since the merger, been restructured as subsidiaries of the new entity. Under the terms of the merger agreement, Essilor would purchase Luxottica, but Luxottica's leadership would be guaranteed prominent positions in the newly-formed corporation as well as some seats on its board of directors; Luxottica founder, Leonardo Del Vecchio, was notably designated chair (officer), chairman. The first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxottica
Luxottica Group S.p.A. is an Italian glasses, eyewear multinational corporation headquartered in Milan. As a vertically integrated company, Luxottica designs, manufactures, distributes, and retails its eyewear brands through its own subsidiaries. It is the largest eyewear company in the world. It is, since October 2018, a subsidiary of EssilorLuxottica, which arose out of a merger between the Italian company and the French ophthalmic optics corporation Essilor. Luxottica was founded in Agordo by Leonardo Del Vecchio in 1961 as a sunglasses manufacturer selling and branding under its own name. Del Vecchio quickly acquired numerous businesses in the pursuit of vertical integration, buying distribution companies rapidly and signing its first designer licensing agreement with Giorgio Armani. In 1990, the company listed American depositary receipts on the New York Stock Exchange where it traded until 2017. Luxottica retails its products through stores that it owns, predominantly Lens ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Francesco Milleri
Francesco Milleri (born in 1959) is an Italian businessman who has been the CEO of EssilorLuxottica since June 2022. He is also the father of Italian-American DJ and record producer Matteo Milleri. Early life Francesco Milleri was born in 1959. He graduated from the University of Florence with a bachelor of laws, and earned a master in business administration from Bocconi University. He was also awarded a two-year Donato Menichella scholarship from the Bank of Italy at the New York University Stern School of Business The Leonard N. Stern School of Business (also NYU Stern, Stern School of Business, or simply Stern) is the business school of New York University, a private research university based in New York City. Founded as the School of Commerce, Accounts .... Career Milleri worked as a business consultant. In 1996 he founded Abstract, a strategic digital consultancy company. Following the 2006 acquisition of iDoq, a company specializing in document flow automation and o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eyewear
Eyewear is a term used to refer to all devices worn over both of a person's eyes, or occasionally a single eye, for one or more of a variety of purposes. Though historically used for vision improvement and correction, eyewear has also evolved into eye protection, for fashion and aesthetic purposes, and starting in the late 20th century, computers and virtual reality. The primary intention of wearing eyewear can vary based on the need or desire of the wearer. Eyewear comes in different forms such as Glasses, Contact lenses, Sunglasses and many more. . Eyewear (such as glasses and contact lenses) helps most people see clearer or read. Eyewear also can be used for protection, such as sunglasses which protect wearers from the Sun's ultraviolet rays which are damaging to the eyes when unprotected, eyepatches to protect injured eyes from further damage, or goggles which protect the wearer's eyes from debris, water and other chemicals. Variants of eyewear can conversely inhibit or disable ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Essilor
Essilor International is a French multinational corporation specialized in the design, manufacture and sale of ophthalmic lenses, optical equipment and instruments. It is the world's largest manufacturer of ophthalmic lenses. Founded in 1972 out of the merger of two French companies operating in the sector, ''Essel'' and ''Silor'', it is headquartered in Charenton-le-Pont, near Paris. Since October 2018, it is a subsidiary of EssilorLuxottica which arose out of a merger between Essilor and the Italian eyewear corporation Luxottica. In January 2017, Essilor announced a merger with Luxottica, in which Essilor would acquire the latter while Luxottica executive chairman Leonardo Del Vecchio would become co-executive chairman of the newly formed holding company, EssilorLuxottica. On 1 October 2018, the new entity was born, resulting in a combined market capitalization of approximately €57 billion. History 1849–1972: Essel and Silor ''Essel'' (Société des Lunetteries ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crizal
Essilor International is a French multinational corporation specialized in the design, manufacture and sale of ophthalmic lenses, optical equipment and instruments. It is the world's largest manufacturer of ophthalmic lenses. Founded in 1972 out of the merger of two French companies operating in the sector, ''Essel'' and ''Silor'', it is headquartered in Charenton-le-Pont, near Paris. Since October 2018, it is a subsidiary of EssilorLuxottica which arose out of a merger between Essilor and the Italian eyewear corporation Luxottica. In January 2017, Essilor announced a merger with Luxottica, in which Essilor would acquire the latter while Luxottica executive chairman Leonardo Del Vecchio would become co-executive chairman of the newly formed holding company, EssilorLuxottica. On 1 October 2018, the new entity was born, resulting in a combined market capitalization of approximately €57 billion. History 1849–1972: Essel and Silor ''Essel'' (Société des Lunetteries) was fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supreme (brand)
Supreme is an American clothing brand established in New York City in April 1994. The company focuses on streetwear, skateboarding, and hip hop fashion trends. In December 2020, the U.S.-based apparel and footwear company VF Corporation bought Supreme for $2.1 billion. In 2024, the brand was sold to EssilorLuxottica for $1.5 billion. History The brand was founded in 1994 by American-British businessman and fashion designer James Jebbia. During the formation of the brand, Jebbia was inspired by a book on Barbara Kruger's artwork, which influenced the design of Supreme's red box logo with white Futura Heavy Oblique font. The brand later released unlicensed remixes, which featured the works of artists and brands such as Jackson Pollock and Coca-Cola. The first store was opened in a former office space on Lafayette Street in Lower Manhattan in April 1994. It featured a layout that accommodated skateboarding and a selection of clothes arranged around the store's perimeter. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oliver Peoples
Oliver Peoples is an American luxury eyewear brand established in 1986, and owned by Luxottica. The brand is sold in Oliver Peoples boutiques, online, and in fashion boutiques and department stores throughout the world. Oliver Peoples eyewear is designed in Los Angeles, Italy, and Japan. History Oliver Peoples was founded by Kenny Schwartz, Larry Leight and his brother Dennis Leight in 1986. Before they launched the company, Schwartz and Larry Leight worked as opticians. They would draw glasses on the celebrities in ''Vogue'' magazine. In 1984, Leight designed a frame, later named "Identity," that was fabricated for pop artist Andy Warhol. Warhol wore the glasses for an editorial spread published in the German magazine ''Männer Vogue'' in 1987. In 1986, while Schwartz and the Leight brothers were searching for eyewear brands to stock their new boutique in West Hollywood, California, they purchased a bulk lot of American brand name frames in their original packaging for $5,000 a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vertical Integration
In microeconomics, management and international political economy, vertical integration, also referred to as vertical consolidation, is an arrangement in which the supply chain of a company is integrated and owned by that company. Usually each member of the supply chain produces a different Product (business), product or (market-specific) service, and the products combine to satisfy a common need. It contrasts with horizontal integration, wherein a company produces several items that are related to one another. Vertical integration has also described management styles that bring large portions of the supply chain not only under a common ownership but also into one corporation (as in the 1920s when the Ford River Rouge complex began making much of its own steel rather than buying it from suppliers). Vertical integration can be desirable because it secures supplies needed by the firm to produce its product and the market needed to sell the product, but it can become undesirable wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CAC 40
The CAC 40 () () is a Benchmark (computing), benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant stocks among the 100 largest market capitalization, market caps on the Euronext Paris (formerly the Paris Bourse). It is a price return index. It is one of the main national indices of the pan-European stock exchange group Euronext alongside Euronext Amsterdam's AEX index, AEX, Euronext Brussels' BEL20, Euronext Dublin's ISEQ 20, Euronext Lisbon's PSI-20 and the Oslo Bors OBX Index. It is an index without dividends. Cotation operates every working day from 9:00 a.m. to 5:30 p.m. It is updated every 15 seconds. History The CAC 5 and the CAC 40 take their name from the Paris Bourse's early automation system Cotation Assistée en Continu (Continuous Assisted Quotation). CAC 5, inaugurated on 23 June 1986, was a version of the Toronto Computer Assisted Trading System, the first fully automated trading system. CAC ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Persol
Persol is an Italian luxury eyewear brand specializing in the manufacturing of sunglasses and optical frames. It is one of the oldest eyewear companies in the world and is owned by the Luxottica group. The name is derived from the Italian ''per il sole'', meaning "for the sun". Formed in 1917 by Giuseppe Ratti, Persol originally catered to pilots and sports drivers. Currently, the company markets durable sports sunglasses. The company trademark is a silver arrow. History In 1917 Giuseppe Ratti, owner of Berry optical, started producing his first glasses and lenses for athletes and aviators. The company developed a flexible stem, known as the patented Meflecto system, which was one of the first spring hinges for eyewear. Persol was introduced to the United States in 1962 and opened its first boutique on Rodeo Drive in Beverly Hills in 1991. Technology Currently all plastic Persol spectacles are made in Italy using cellulose acetate In biochemistry, cellulose acetate refer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transitions Optical
Transitions Optical is a U.S.-based company known for manufacturing photochromic lenses, which darken on exposure to specific types of light. The company was founded in 1990. In 1991, Transitions Optical became the first company to commercialize and manufacture plastic photochromic lenses. From inception the company has been a joint venture between PPG Industries (51%) and Essilor Essilor International is a French multinational corporation specialized in the design, manufacture and sale of ophthalmic lenses, optical equipment and instruments. It is the world's largest manufacturer of ophthalmic lenses. Founded in 197 ... (49%). In April 2014, Essilor acquired the entire stake of PPG in Transitions. From 2009 to 2012, Transitions Optical was the title sponsor of the Transitions Championship, a PGA Tour event held at Innisbrook Resort and Golf Club in Palm Harbor, Florida. The firm was the Official Eyewear of the PGA Tour, Champions Tour and Nationwide Tour. It al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
