EssilorLuxottica
EssilorLuxottica
Industry
About EssilorLuxottica
EssilorLuxottica is a global leader in the design, manufacturing, and distribution of ophthalmic lenses, optical equipment, and eyewear. Formed in October 2018 through the merger of Essilor, a French ophthalmic optics company, and Luxottica, an Italian eyewear manufacturer, EssilorLuxottica has become a dominant force in the optical industry.
Product Portfolio
The company offers a comprehensive range of products, including:
- Ophthalmic Lenses: Corrective lenses for visual disorders such as myopia, hypermetropia, and astigmatism.
- Eyewear: Prescription glasses and sunglasses under renowned brands like Ray-Ban, Oakley, Persol, Oliver Peoples, and Vogue Eyewear.
- Optical Equipment: Instruments and consumables used by prescription laboratories and eyecare professionals.
- Med-Tech Solutions: Advanced medical instruments and solutions for eye health, including technologies from subsidiaries like Essilor Instruments and Heidelberg Engineering.
Retail and Distribution
EssilorLuxottica operates a vast retail network, with approximately 18,000 stores worldwide. Its retail brands include:
- Sunglass Hut: A leading retailer specializing in sunglasses.
- LensCrafters: A prominent optical retailer offering a wide selection of eyewear.
- Ópticas LUX: A significant eyewear retailer in Latin America.
The company also has a strong online presence through various digital platforms.
Recent Developments
In July 2024, EssilorLuxottica expanded into the streetwear market by acquiring the U.S. brand Supreme for $1.5 billion. This strategic move aims to connect with younger, tech-savvy consumers and diversify the company's portfolio beyond traditional eyewear.
Sustainability Initiatives
The company is committed to sustainability through its corporate responsibility program, Eyes on the Planet. This program focuses on carbon neutrality, circularity, world sight, inclusion, and ethics.
Additionally, EssilorLuxottica launched the OneSight EssilorLuxottica Foundation to eliminate uncorrected poor vision by 2050.
Global Presence
EssilorLuxottica operates in over 150 countries, serving millions of customers annually. Its diverse portfolio and commitment to innovation have solidified its position as a leader in the eyewear industry.
Locations in the United States
EssilorLuxottica has a significant presence in the United States, with offices and operations supporting manufacturing, distribution, and retail in various cities. These include:
- Warwick, RI: The company's default location.
- Vista, CA
- Carlsbad, CA
- Baltimore, MD
- Boulder, CO
- Albuquerque, NM
- Norfolk, VA
- Torrance, CA
- Santa Maria, CA
- Evanston, IL
Through its extensive product offerings, strategic acquisitions, and commitment to sustainability, EssilorLuxottica continues to lead the way in the eyewear industry, enhancing vision care and eyewear experiences for consumers worldwide.
EssilorLuxottica Frequently Asked Questions
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