The Italian-French group led by Francesco Milleri was penalized by the weak presence of China. The stock, which had opened trading in sharp decline, limited losses to 0,6% at mid-session
While waiting for Meta to enter its capital, the Italian-French giant led by Milleri is moving into the field of precision optics
Zuckerberg confirms a symbolic 5% investment in EssilorLuxottica, consolidating a strategic partnership started with smart Ray-Ban. The two companies aim for revolutionary technological innovations. Meanwhile, the glasses of the future are coming
EssilorLuxottica and Meta have signed a 10-year agreement to develop the next generation of smart glasses, following the success of Ray-Ban Stories and Ray-Ban Meta
The agreement will be in effect until December 31, 2029 with an automatic renewal option for an additional five years. The first collection will be available on the market starting from the first quarter of 2025
The operation also provides the necessary financial resources to support the growth of the group in the coming years. The title goes up
The company led by Angelo Trocchia has acquired 90% of the US eyewear company specializing in e-commerce for 70 million
The lifestyle company founded by Lapo Elkann is going through a difficult moment: accounts in the red in 2019, the CEO Pietribiasi leaves after only 7 months.
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
Leonardo Del Vecchio's company has completed a deal of extremely high strategic value: the Japanese company is an excellence in fine eyewear. Waiting for the ok of the Chinese markets to complete the operation. Down the stock at the opening of Piazza Affari, -0,85%
A strategic device to increase driving safety is on its way: it will be created by the French startup Ellcie Healthy.
Reason: the Antitrust Authority fears that the merger could reduce competition on the optical lenses market and intends to extend the investigations.
At the end of the operation, the holding company "EssilorLuxottica" will be created, of which Delfin di Del Vecchio will be the first shareholder - But the post-merger company will only be listed on the Paris Stock Exchange - Here are the financial details of the agreement and the numbers of the group…
Leonardo Del Vecchio will have 31% of the new eyewear giant which will however have a French future - Trump criticizes BMW and Germany goes on the attack on FCA but Minister Calenda replies: "Take care of Volkswagen" - Arrest order…
Del Vecchio's company has exercised its call option for the remaining 63,2% of Salmoiraghi & Viganò - Luxottica had acquired 36% of Salmoiraghi in November 2012.
The Agordo-based group is said to be close to acquiring the eyewear chain - The French led by Alain Afflelou and the Dutch Hal have been beaten - The operation should include the purchase of a 40% minority stake and a put option on a further 40%…
Last year, Italy exported 1,6 billion euros of sunglasses worldwide - the United States, France and Spain are the favorite destinations - As for imports, China alone accounts for more than 40%.
On the eve of Mido, the important trade fair dedicated to eyewear, the sector in Italy acknowledges a good 2011, driven by exports (+11%), which represent 90% of a growing turnover despite the crisis - European market always a leader, but…