Luxottica institutional structure Essay

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Organizational structure

Investor Relations

The Investor Relations department manages relationships with analysts and investors as well as with regulatory bodies that oversee the financial markets.
Consequently, the department works closely with research analysts and fund managers to assist them in building models that support their stock recommendations and investment decisions.
At the same time, the department also interfaces with the Group’s top management for the purpose of sharing market insight and investor feedback.
Business Development

The …show more content…

Information Technology

Information Technology handles all Corporate IT activities and projects, especially the “Transformation” ones which have the aim to define new operating structures and IT platforms for the Group’s various manufacturing and commercial processes. It is also responsible for the co-ordination and delivery of the Group-wide projects and Group contract negotiations.
Retail divisions
Luxottica Group’s Retail divisions manage around 6,500 optical and sun stores in the United States, Canada, Australia, New Zealand, Hong Kong, China, Europe and the Middle East.
In North America, Luxottica Group controls the two biggest prescription eyewear chains - LensCrafters and Pearle Vision - and the most relevant chains in the sun segment - Sunglass Hut and Ilori.
In South America Luxottica controls Multiopticas Internacional S.L. which manages over 470 eyewear stores operating under the Opticas GMO, Econopticas and Sun Planet retail brands in Chile, Peru, Ecuador and Colombia.
In Europe, Luxottica manages all the European location of the largest sun wear chain in the world: Sunglass Hut.
Luxottica Retail Australiasia is the leading optical product business in Australia,

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