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EssilorLuxottica Announces Launch Of Share Buyback Program
Essilorluxottica Q2 Total Revenue Amounted To Euro 4,709 Million, Up 9.2%
EssilorLuxottica to appeal against French anti-trust body's decision to fine company
EssilorLuxottica SA, formerly known as Essilor International Compagnie Generale D Optique SA, is a France-based ophthalmic company. The Company designs, manufactures and markets a range of lenses, frames and sunglasses to improve and protect eyesight. It also develops and markets equipment for prescription laboratories and instruments, and services for eye care professionals. It operates through three segments: Lenses and Optical Instruments, which includes corrective lenses, optical instruments intended for opticians and optometrists; Equipment, which includes machines and consumables used by plants and prescription laboratories, and Sunglasses & Readers, which encompasses non-prescription reading glasses and non-prescription sunglasses. The Company operates under a number of brands, including Ray-Ban, Oakley and Varilux, among others. The Company operates in Europe, North America, Asia Pacific, the Middle East, Africa and Latin America.
Medical Equipment & Supplies
147 rue de Paris
Leonardo Del Vecchio
Non-Independent Non-Executive Chairman of the Board
Chief Executive Officer, Director - Representing Delfin
Paul du Saillant
Deputy Chief Executive Officer, Non-Independent Director
Non-Independent Non-Executive Vice Chairman of the Board
Co-Chief Financial Officer
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Ireland's data privacy regulator on Friday said it had asked Facebook to demonstrate that an LED indicator light on the social media giant's newly launched smart glasses is "an effective means" to let people know they are being filmed or photographed.
Oakley and Ray-Ban maker EssilorLuxottica raised its full-year guidance on Friday after revenue doubled in the second quarter, helped by a strong recovery in North America.
Ray-Ban maker EssilorLuxottica on Tuesday said it had decided to go ahead as planned with a takeover of Dutch eyewear store operator Grandvision and to close the deal on July 1.
Ray-Ban maker EssilorLuxottica is considering suing its takeover target GrandVision after a court ruled that the Dutch eyewear retailer had violated the terms of their 7.2 billion euro ($8.6 billion) proposed acquisition agreement, a source with knowledge of the matter told...
Spectacles maker EssilorLuxottica on Monday said it was considering canceling its proposed 7.2 billion-euro ($8.6 billion) takeover of Dutch eyewear store operator Grandvision, after a Dutch court said EssilorLuxottica was no longer obliged to go through with the deal.
EssilorLuxottica posted a 14.3% rise in first-quarter sales on Thursday powered by a strong rebound in China and the United States as the maker of Oakley and Ray-Ban sunglasses targets a full recovery from the pandemic this year.
Oakley and Ray-Ban maker EssilorLuxottica's first-quarter sales continued on the path to recovery from the impact of the COVID-19 pandemic, boosted by a strong rebound in China and the United States.
EssilorLuxottica said on Monday Dutch eyewear group GrandVision - which the French-Italian spectacles maker is attempting to buy - has agreed to sell its Chile units to the main shareholder HAL Trust.
Spectacles maker EssilorLuxottica on Tuesday lost an appeal in its court battle with takeover target GrandVision, removing a possible hurdle for the 7.2 billion euro ($8.5 billion) deal.
EU antitrust regulators on Tuesday cleared with conditions EssilorLuxottica's 7.2 billion euro ($8.5 billion) buy of GrandVision GVNV.AS after the Ray-Ban maker agreed to sell more than 300 stores in three countries to address competition concerns.
(Corrects number of stores to be sold to 351 from 451 in paragraphs 1 and 4)
EU antitrust regulators on Tuesday cleared with conditions EssilorLuxottica's 7.2 billion euro ($8.5 billion) buy of GrandVision after the Ray-Ban maker agreed to sell more than 300 stores in three countries to address competition concerns.
EssilorLuxottica is likely to retain Francesco Milleri as chief executive when it appoints a new board this year, two sources close to the matter said on Friday, in a move that would cement the influence of top investor Leonardo Del Vecchio.
Ray-Ban maker EssilorLuxottica has offered to sell assets in three EU countries in a bid to gain EU antitrust approval for its 7.2-billion-euro ($8.7 billion) purchase of GrandVision, a person familiar with the matter said on Tuesday.
Eyewear maker EssilorLuxottica has offered to sell assets in three European Union countries in a bid to allay EU antitrust concerns about its 7.2-billion-euro ($8.7 billion) bid for Dutch Opticians group GrandVision, a person familiar with the matter said on Tuesday.
Rayban maker EssilorLuxottica said on Thursday it has rejigged an executive power sharing arrangement put in place when the company was created by a merger in 2018, promoting two internal managers to the top executive roles.
Eyewear maker EssilorLuxottica <ESLX.PA> said it clawed back some lost sales in the third quarter following the easing of lockdowns, but viewed the coming months with caution as a second wave of COVID-19 threatened to deal another heavy blow.
EssilorLuxottica <ESLX.PA> said on Tuesday its third-quarter sales showed signs of recovery, but the maker of Oakley and Ray-Ban eyes the next few months with 'prudent confidence' as a second coronavirus wave threatens another heavy blow to results.
EssilorLuxottica said on Tuesday its third-quarter sales showed signs of recovery, but the maker of Oakley and Ray-Ban eyes the next few months with 'prudent confidence' as a second coronavirus wave threatens another heavy blow to results.
Spectacles maker EssilorLuxottica <ESLX.PA> said it would appeal against a Dutch court's verdict that had rejected its contention that takeover target GrandVision <GVNV.AS> had breached a deal agreement.
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