The Luxottica Group : An Italian Eyewear Company

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History/Background The Luxottica Group is an Italian eyewear company founded in 1961 by Leonardo Del Vecchio. Luxottica is the leading designer, manufacturer, and distributor of luxurious and designer eyewear controlling over 80% of the world 's designer eyewear brands. Luxottica has become a leader in the prescription eyewear business in North America with retailers that include LensCrafters and Pearle Vision brands, Asia-Pacific with OPSM and Laubman & Pank brands, and in South America with the GMO brand. Luxottica also operates points of sale for its retail licensed brands in North America under the Sears Optical and Target Optical brands. Luxottica is comprised of global sun and luxury retail organizations in support and reinforcement of the brands global retail brands dedicated to sun and luxury eyewear which include Sunglass Hut, ILORI and The Optical Shop of Aspen. Luxottica is one of the largest managed vision care operators in the United States through EyeMed Vision Care and the second largest lens finisher, that include four central laboratories in North America, 900 in-store labs at it’s LensCrafters locations, as well as an additional facility based in China dedicated to North American optical retail.
SWOT analysis The SWOT analysis of Luxottica Groups S.p.A. provides important information which is utilized to effectively operate the world’s largest eyewear retailer. Luxottica’s SWOT analysis throughly describes the internal and external
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