Incorporation Company

January 12th, 2014 Posted in News

Luxottica Group is the greater of the world in eyeglasses. Its known marks more include the eyeglasses ray ban, Persol ea Oakley, Incorporation. Also it makes with that the sun eyeglasses and scaffoldings of lapsing for a multitude of grifes as Chanel and Prada, whose drawings and marks are used under license. Luxottica also makes sun eyeglasses of mark Burberry, Chanel, Polo Ralph Lauren, Stella McCartney, Tiffany, Versace, Circulates, Persol, Miu Miu, Tory Burch and Donna Karan. Its main competitor is the Safilo Group SpA. Del Vecchio started its career as apprentice of a manufacturer of tools and dies in Milan, but it decided to transform its abilities to make metal parts spectacle. Then in 1961 it changed itself for Agordo in the province of Belluno, that shelters the majority of the Italian industry of eyeglasses. The new company was the SAS Luxottica, an limited society, was one of the founding partners.

In 1967 she started to vender the complete pictures of eyeglasses with the Luxottica mark, that proved to be efficient the sufficient so that in 1971 it finished business of contract manufacture. Vain of the necessity of vertical integration, in 1974 it acquired Scarrone, a distribution company. In 1981 the company installed its first subsidiary International, in Germany, the first one in a fast period of international expansion. First of licensing agreements many with designer were hit with Armani, in 1988. The society quoted in New Iorque in 1990, and Milan in December of 2000, joining MIB-30 (now S & P/MIB) index in September of 2003. The strengthened announcement company the capacity to acquire other marks, starting with the Italian mark Circulates in 1990, Persol and U.S.A. shoes Corporation (LensCrafters) in 1995, Ray-Ban, in 1999 and Sunglass Hut, Incorporation in 2001.


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