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Luxottica Group SpA (LUX.N)

LUX.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

BRIEF-Luxottica CFO says too early to say if 2017-2018 guidance stands
Monday, 25 Jul 2016 12:17pm EDT 

Luxottica: Chief Financial Officer Stefano Grassi says "wants to see how things progress" when asked if company standing by 2017 and 2018 guidance . Executive says like-for-like retail sales grew 0.6 percent in H1 Further company coverage: [LUX.MI] (Reporting by Milan Newsroom) Keywords: (CORRECTED).  Full Article

Most stocks in Italy's blue chip index fail to open
Friday, 24 Jun 2016 03:13am EDT 

Italian stocks: Most stocks in Italy's blue chip index FTSE MIB fail to open . Of the stocks that managed to open, Enel is down 9.7 percent, Luxottica is down 5.9 percent, Snam down 6 percent, Atlantia down 8.5 percent Further company coverage: [ENEI.MI][LUX.MI][SRG.MI][ATL.MI] (Reporting by Milan newsroom).  Full Article

S&P raises outlook on Luxottica to positive, affirms ratings
Tuesday, 31 May 2016 12:15pm EDT 

Standard & Poor's says: revises outlook on Italian eyewear group Luxottica to positive from stable thanks to solid cash generation . affirms 'A-' long-term and 'A-2' short-term corporate ratings on the group Further company coverage: [LUX.MI] (Reporting by Milan newsroom).  Full Article

Luxottica Group SpA renews Dolce&Gabbana licence until end-2025
Wednesday, 16 Dec 2015 08:51am EST 

Luxottica Group SpA:Renews licence accord to produce and sell Dolce&Gabbana-branded eyewear.Agreement with Italian fashion house Dolce&Gabbana extended until Dec. 31, 2025.  Full Article

Macys Inc and Luxottica Group sign exclusive agreement
Wednesday, 11 Nov 2015 08:00am EST 

Macys Inc and Luxottica Group S.p.A:Says agreement to bring the LensCrafters optical retail experience to as many as 500 Macy's department stores in the U.S. over the next three years.Says lenscrafters will open its first new Macy's location in april of 2016.  Full Article

JD.com announces luxury sunglasses partnership with Luxottica
Sunday, 10 May 2015 10:30pm EDT 

Luxottica Group SpA:Announces luxury sunglasses partnership with Luxottica.Partnership will enable JD.com customers to purchase range of sunglasses from brands in Luxottica's portfolio.  Full Article

Luxottica Group SpA more than doubles dividend payment on FY 2014 results-Reuters
Monday, 2 Mar 2015 12:48pm EST 

Luxottica Group SpA:It would more than double its dividend payment to 1.44 euros a share, after reporting a 10 percent rise in operating income thanks to strong revenue growth-Reuters.proposes dividend of 1.44 euros per share vs 0.65 euros year earlier.Plans to pay an ordinary and extraordinary dividend of 72 euro cents each.  Full Article

Luxottica and Tory Burch renew eyewear license agreement
Friday, 19 Dec 2014 09:00am EST 

Luxottica Group SpA and Tory Burch LLC:Renewal of an exclusive license agreement.Under the ten-year agreement, Luxottica will design, manufacture and distribute sun and prescription eyewear globally under the Tory Burch brand through Dec. 31, 2024.  Full Article

Intel and Luxottica Group announces multiyear collaboration for Wearable Tech
Wednesday, 3 Dec 2014 08:05am EST 

Intel Corp:Intel Corporation and Luxottica Group S.p.A unveiled multiyear R&D collaboration to fuse premium, luxury and sports eyewear with smart technology.This strategic alliance will push boundaries of research and development to anticipate what smart technology for eyewear will look like in future.The ultimate goal is to help pioneer that change and deliver smart, fashion-forward products that are meaningful and desirable to consumers.The first product from Intel and Luxottica is expected to launch in 2015.  Full Article

Luxottica Group SpA signs deal with Intel to develop computerized eyewear
Wednesday, 3 Dec 2014 07:58am EST 

Luxottica Group SpA:Italy's Luxottica is joining forces with U.S. chipmaker Intel Corp to develop hi-tech glasses.The latest multi-year research and development accord, for which the companies provided no financial details, is aimed at producing frames that are "as intelligent and functional as they are beautiful", Luxottica Chief Executive Massimo Vian said in a statement.The first glasses are expected to launch next year.  Full Article

BRIEF-Shares in Luxottica down at open after outlook cut, weak H1

* Shares down more than 4 percent in early trade after weak first-half results, guidance revision