What Companies Does Luxottica Own?

Luxottica is a powerhouse in the eyewear industry and owns noteworthy brands like Ray-Ban, Oakley, Persol, Vogue Eyewear, and Oliver Peoples.

These brands vary in style and price point, allowing Luxottica to cater to a diverse range of customers.

With such a strong portfolio, Luxottica has solidified its position as one of the leading eyewear companies in the world.

Who Owns Luxottica?

Luxottica is an Italian company and is owned by the Del Vecchio family.

Founded by Leonardo Del Vecchio in 1961, Luxottica is now one of the leading eyewear companies in the world.

It has a portfolio of brands like Ray-Ban, Oakley, Persol, Arnette, and Costa to name just a few.

 Luxottica also owns lens makers including Essilor and Varilux as well as retail outlets like LensCrafters and Sunglass Hut.

The company also licenses several big names such as Giorgio Armani, Prada, Versace, Burberry, Chanel, and many more.

What Companies Does Luxottica Own?

Here are the major companies owned by Luxottica:

1. Brands

Luxottica has a portfolio of brands including Ray-Ban, Oakley, Persol, and more.

2. Lens Makers

Luxottica owns several lens makers to manufacture its signature frames.

These include Essilor, which produces optics for single-vision lenses; Varilux, which produces progressive lenses; and Eyezen Plus, a digital lens range.

Luxottica also owns Sola Optical, one of the largest independent optical laboratories in the world.

3. Retail Outlets

Luxottica operates a number of retail outlets that offer its eyewear products to customers.

These include LensCrafters, Sunglass Hut, Pearle Vision, Target Optical, and Sears Optical.

The company also has a strong presence online with its own e-commerce website as well as through other retailers like Amazon or eBay.

4. Licenses

In addition to owning dozens of brands across all categories of eyewear, Luxottica also licenses several big names such as Giorgio Armani, Prada, Versace, Burberry, and Chanel.

These licenses allow Luxottica to produce eyewear products with the creative designs of these famous names.

When Was Luxottica Founded?

Luxottica, founded by Leonardo Del Vecchio in 1961, Luxottica is now one of the leading eyewear companies in the world.

With a commitment to innovation and quality, Luxottica has brought to market some of the most iconic eyewear designs of all time, including the Wayfarer and the Aviator.

Today, Luxottica has over 80,000 employees and operates in more than 150 countries worldwide. Its success story is an inspiration to entrepreneurs everywhere.

Who is the CEO of Luxottica?

The current CEO of Luxottica is Francesco Milleri, who has been with the company since 2000.

Under his leadership, Luxottica has continued to expand its reach and develop innovative products.

Milleri is known for his strategic planning and commitment to sustainability, establishing the Sustainable Business Committee to ensure the company’s operations are in line with environmentally-friendly practices.

With Milleri at the helm, Luxottica is set to continue its reign as a dominant force in the eyewear industry.

What is the Net Worth of Luxottica?

As of 2023, the company’s net worth is estimated to be over $90 billion.

This staggering figure speaks volumes to the success of the Luxottica empire, and its ability to adapt to changing trends and consumer demands.

It’s no wonder why so many people trust Luxottica for their eyewear needs.

Where is the Headquarters of Luxottica?

Luxottica, one of the world’s largest eyewear companies, has its headquarters nestled in Milan, Italy.

The gorgeous Italian city is known for its fashion and luxury industries, making it the perfect spot for a company as prestigious as Luxottica.

The company is responsible for crafting and designing some of the most popular glasses and sunglasses on the market.

Whether you’re in Milan or browsing their online store, Luxottica is definitely a brand to keep on your radar.

What is the Annual Revenue of Luxottica?

In 2022, Luxottica reported an astonishing annual revenue of $26.23 billion.

Luxottica‘s annual revenue has been steadily growing over the years.

This impressive figure highlights just how influential Luxottica is in the fashion world – from its extensive list of brands to its vast network of retailers.

How Many Employees Does Luxottica Have?

To meet this ever-increasing demand, Luxottica employs a diverse workforce of over 80,000 people.

This massive team ensures that customers have access to high-quality products wherever they may be.

With such an extensive network, it’s no surprise that Luxottica remains an industry leader when it comes to style and innovation.


Who is Luxottica’s Biggest Competitor?

Luxottica’s biggest competitors are Safilo Group, Essilor International, and GrandVision.

Is Luxottica a Monopoly or Oligopoly?

Luxottica is an oligopoly because it has a significant amount of control over the eyewear market.

How Much of the Industry Does Luxottica Own?

Luxottica owns around 40% of the worldwide eyewear market.

What are the Values of Luxottica?

Luxottica values its customers, innovation, quality, and sustainability.