According to rumors, the French government has strengthened its presence in the eyewear giant through the Caisse des Dépôts et Consignations which has exceeded 2% of the capital
The new eyeglasses that also allow you to hear will be sold in Italy next year. Milleri: 2024 will be a booming year. The new device will be a revolution
During the conference call on the 2023 half-year report, the CEO Francesco Milleri announces his entry into the hearing aid sector with the launch of the first eyewear that corrects hearing defects
The business world wonders about the future of Armani. From Moncler to Diesel, many strategies for growth. Lots of news coming
Record bonus of 32 million euros for EssilorLuxottica employees: each will receive 3.800 euros gross which can become 4.100 euros net if converted into welfare goods and services
Thanks to the services, the economy of the Euro Area is holding up. Well Mercedes, Stellantis still suffers. Saipem advances after the agreement in Australia. Spotlights always on for Banco Bpm
The Italian-French multinational active in the eyewear field recorded revenue growth of 13,9% at current exchange rates. The dividend will be proposed at €3,23 per share
France is the third supplier of Italy which in turn is the third of France: bilateral trade amounts to 103,8 billion euros - Italian investments in France are growing visibly - Stellantis, Essilorluxottica, Stm, Fs also shine beyond the Alps
This is an exclusive license agreement that will be in force until December 31, 2028, with an automatic renewal option for a further 5 years. Milleri: conceiving eyewear as a work of art
The president of Delfin, Milleri, who recently succeeded Leonardo Del Vecchio, confirms a line of continuity for Generali and Mediobanca but calls for "a profound change of management" for both
Milleri, born in 1959, was the first on the list drawn up by Del Vecchio himself together with the Board of Directors and his family. Romolo Bardin maintains the operational powers of the Company, in his role as Chief Executive Officer
Mourning in the world of Italian entrepreneurship for the death of Leonardo Del Vecchio: the second richest man in Italy. At the news Mediobanca and Generali fall on the Stock Exchange. Francesco Milleri takes his place
The group recorded strong growth in the prescription category, driven by the performance of the branded lenses portfolio, with the Ray-Ban and Oakley brands rising by double digits
EssiLux breaks through the ceiling of 20 billion in revenues in 2021 thanks to the acquisition of GrandVision – Boom of e-commerce. A dividend of €2,51 is proposed. Stock up 2%
The financial markets are starting to close the first half on a positive note, a new record for the Nasdaq - Confidence at the top in Europe - Del Vecchio concludes the controversial acquisition of the Dutch eyewear group after two years
The Arbitration Court of Rotterdam agreed with the Italian-French group, which in 2019 had agreed to purchase the Dutch chain for 7,2 billion: after Covid, however, too many were judged. Now EssilorLuxottica will have to decide: the deadline is 31…
E-Commerce Boom - North America, China & Australia Lead Recovery in 2021 - GrandVision Acquisition Confirmed
Leonardo Del Vecchio built Luxottica piece by piece with entrepreneurial vision and courage, finally merging with the French Essilor but avoiding winning big - In the new group, which has a leading global role, the presence…
The Italian-French group changes top management: Leonardo Del Vecchio and Hubert Sagnières become non-executive chairman and vice-chairman respectively.
The dividend is skipped at the June shareholders' meeting but an extraordinary distribution is possible by the end of the year
The group headed by Leonardo Del Vecchio forced to revise its estimates for the quarter after the spread of the virus in Europe and North America
The first balance sheet of EssilorLuxottica closes with growing results despite the scandal involving Essilor in Thailand - New top management appointed, CEO chosen by the end of the year
The negative impact on 2019 accounts will be around 190 million, but could subsequently decrease due to insurance reimbursements and deriving from lawsuits - Shares down on the Stock Exchange
The giant EssilorLuxottica, the advance of the Chinese, the Safilo-Dior affair and the luxury brands increasingly concentrated in Kering and Lvmh: all indicate a polarization of the business. But there is still room for good business...
Four tranches are envisaged for the placement of bonds with maturities of 3 and a half years, 5 and a half years, 8 years and 12 years. Pricing expected today
In the third quarter of 2019, the group recorded a turnover of 13,08 billion, up by 7,7%. Lenses & Optical Instruments division and retail drive growth. Excellent performance in Latin America with +12,1%
The Italian-French group acquires 76,72% of GranVision. The remaining stake will be subject to a mandatory takeover bid - Deal for 28 euros per share - Positive results for the semester
After a hesitant start, Milan comes back to life with Snam, Enel and Terna - Luxury advances after the confirmation of EssilorLuxottica's interest in GrandVision - Trevi rebounds
Uncertainties over the trade war hold back Wall Street and Asia, waiting for a new mixed day - US Quarterly: spotlight on Microsoft, Morgan Stanley and Philip Morris - Gold and bonds are on the run, sterling at lows on fear of a hard Brexit
After months of tensions and accusations, the top management of the Italian-French group reach an agreement - Del Vecchio and Sagnières delegate some powers to Milleri and Vacherot
Revenues at 4,2 billion, sales grow - Cautious investors, attention shifts to the May 16 shareholders' meeting
While awaiting US GDP and the S&P verdict, European lists remain cautious - Good demand for the Bot auction - The possible Nissan-Renault wedding and the EssilorLuxottica disputes under the spotlight of investors - Telecom Italia in rally…
Frank Gentin elected as new Commissioner of EssilorLuxottica. He will have to resolve the disputes arising in the Board of Directors divided between Delfin and the French shareholders. The fight moves to court.
In May, the association of employees of the two groups will ask for the appointment of an independent director to the board
The owner of Luxottica filed an application with the International Chamber of Commerce to ascertain any violations of the agreement with Essilor - Tim, Cdp denies: no dialogue with Vivendi - The spread rises, the new 5 BTPs arrive today - Stock exchanges…
Excellent opening on Wall Street after the postponement of the Fed rate hike - Milan and London the best stock exchanges in Europe - Stm, Tenaris, Poste Italiane and Tim shine in Piazza Affari - Collapsing EssilorLuxottica - Down Saipem, Unicredit, Moncler…
Del Vecchio frontally attacks Hubert Sagnières, the manager with whom he shares the leadership of EssilorLuxottica: "He wants to manage the group by himself" - Delfin reserves action to protect its interests - Title in free fall in Paris
Powell is dovish as Trump likes and loosens monetary policy to deal with the slowdown in the US economy and support the stock markets - Oil is flying - The Chinese Xi lands in Italy - Between Luxottica and Essilor it is…
The Fed's signs of relaxation on rates and the start of talks for the merger between Deutsche Bank and Commerz please the stock exchanges - The Chinese leader in Rome - New vote on Brexit tomorrow - Between Luxottica and Essilor it is…
Essilor and Luxottica present the first aggregate accounts after the merger - Pro forma revenues at 16,16 billion, operating margin stable at 15,9% - The board proposes a dividend of 2,04 euros per share - Share sharply down at…
The bank led by Corrado Passera lands on the MTA of the Italian Stock Exchange - The stock opens up 4,2%, then falls back - Parmalat and Luxottica close a long path out of Piazza Affari
The great leap of Luxottica and the excellent performances of Ferrari, Prysmian and Stm allow the Ftse Mib to close in positive territory - But the weakness of the banks and Tim is felt - Falling rates at the auction…
After 18 years of listing, the eyewear giant is about to say goodbye to Piazza Affari: the new EssilorLuxottica group will be listed on the Euronext stock exchange in Paris - Del Vecchio: "Point to 5% of Generali".
The French shareholders' meeting gives the green light to the wedding with Luxottica. Green light for the new joint board: it will be led by Leonardo Del Vecchio for the first three years, then it will be the turn of a Frenchman
From the agreement between Essilor and Delfin it emerges that the governance of the new group will be equal only for about three years from its establishment, then the members of the Board will be indicated regardless of origin.
