Eyewear giants Luxottica are a global leader in the design, manufacture and distribution of high-performance glasses and sunglasses, most prominent in the fashion, luxury and sports areas.
What makes this company unique and particularly resilient is their vertically integrated business model, covering the entire chain from product development and manufacturing through to logistics, distribution and retail. This vertical integration gives the company direct control over the entire route to market, ensuring the highest quality products and processes. It’s also what has made the company so successful in recent years, and makes them a popular and tempting investment on the stock market.
The Luxottica Group has an impressive brand portfolio, including iconic brands such as Ray-Ban, Persol, Oliver Peoples, Burberry, Bulgari, Chanel, Michael Kors, Para, Ralph Lauren, Tiffany & Co, Versace and Oakley sunglasses.
In recent years, the company has seen an aggressive global expansion, hugely increasing their international footprint. As of 2017, their distribution network operates in over 150 countries and their retail network boasts around 8,000 stores. The retail arm of the company encompasses many well-known outlets, including LensCrafters, Pearle Vision, OPSM, GMO, Salmoiraghi & Vigano, Target Optical, Sears Optical and the hugely popular Sunglasses Hut.
When it comes to product development and manufacturing, Luxottica boasts six production facilities in Italy, three factories in China, one in the United States and one in Brazil. There is also a small plant in India, which serves the Indian market.
Today, Luxottica represents one of the global leaders in the eyewear market and remains a popular investment choice. Their vertical integration, hugely impressive portfolio of proprietary and licensed brands and network of retail outlets make them one of the most sought after stock options and internationally renowned players in their industry, and they’re likely to remain so for many, many years to come.