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Home > Company Index > Consumer Products-Durables  > Miscellaneous Durable Consumer Goods > Luxottica Group S.p.A.

Luxottica Group S.p.A.
NYSE: LUX
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 NEWS FROM THE WIRES
CBOE says power outage does not impact trading
Aug 02 2001 07:20 AM PDT

Oakley cuts outlook on lower Sunglass Hut orders
Aug 02 2001 05:31 AM PDT

Luxottica 2nd-quarter euro profits up 37 pct
Jul 26 2001 03:54 PM PDT

More WIRE STORIES about this company

 PROFILE
Luxottica Group is focused on frames and sunglasses. The world's largest eyewear company, Luxottica designs and manufactures mid- and premium-priced eyeglass frames and sunglasses and operates the LensCrafters retail optical chain (about 860 stores). The company typically offers about 1,100 traditional frames and 1,250 designer frames, including the Giorgio Armani and Chanel lines. In-house designers create over 600 new styles each year. Its 1999 purchase of Bausch & Lomb's sunglasses business added top lines such as Ray-Ban and Revo to its goggling legions. Luxottica sells its frames worldwide through more than 20 wholly and majority-owned distributors. Founder Leonardo Del Vecchio owns about 70% of the firm.

 COMPETITION
Cole National Corporation (CNJ)
Marchon Eyewear, Inc. (dossier)
Oakley, Inc. (OO)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,274.30
1-Yr. Sales Growth: 20.5%
Employees: 19,400
Revenue per employee: $117,231.96

 KEY PEOPLE
• Roberto Chemello
    CEO
• Enrico Cavatorta
    CFO

 CONTACT INFO
Localita Valcozzena
32021 Agordo Belluno, Italy
Phone: 39-0437-6441
Fax: 39-0437-63223
Online: Web Site

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