Our Business Model | EssilorLuxottica (2024)

We operate a vertically integrated business model directly covering every single step of the value creation process - from product development and manufacturing to end-consumer sale.

This allows us to achieve the highest quality standards and optimize the service for the benefit of all industry players. From creative thinking to distribution, the entire spectrum of the value chain is covered, starting with thousands of researchers, engineers and designers committed to making EssilorLuxottica a laboratory for med-tech, innovation and growth.

We offer an unprecedented set of comprehensive solutions for consumers and eyecare professionals as well as focus on the quality of our products and services as a strategic differentiating factor. We brought together frames and lenses under one roof to demonstrate the power of vertical integration and make the creation of the perfect complete pair become a reality. Both glasses and frames are designed and manufactured in an entirely integrated way from the very beginning.

Each frame has a unique and perfectly fitted lens to accompany it, leading to a seamless brand experience with Ray-Ban Authentic being the Group’s most prominent example. We cover every single step of the value creation process, with a strong focus on manufacturing excellence, service and a geographically diversified footprint.

Our Business Model | EssilorLuxottica (2024)

FAQs

What companies are owned by Essilor? ›

According to its website, it owns the following lens technologies:
  • Crizal.
  • Essilor.
  • Essilor Sun Solution.
  • Eyezen.
  • Kodak.
  • Oakley.
  • Optifog.
  • Ray-Ban.

What does EssilorLuxottica do? ›

EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses.

What is Luxottica famous for? ›

Today, Luxottica owns many of the world's most famous sunglasses and eyewear brands, including Ray-Ban, Oakley, Persol, Vogue Eyewear, and many others. Luxottica is the largest manufacturer/distributor of optical frames in the world . They own many sunglass lines because that is what they do.

What is the new name for Luxottica? ›

Created in 2018, EssilorLuxottica is the combination of two highly complementary and inspiring companies, Essilor and Luxottica, which used their individual strengths to revolutionize the industry and explore the potential of eyecare and eyewear around the world.

Who is the biggest eyeglass company in the world? ›

Luxottica is not only the largest manufacturer but also has acquired several retail chains: Pearl Vision, Sears, Penny's, Target Opticals, Sunglass Hut. So they are competing against their own customers on the wholesale level.

Does Essilor own Oakley? ›

Founded in 1961 by Leonardo Del Vecchio, Luxottica expanded its brand portfolio by acquiring popular eyewear brands like Ray-Ban in 1999 and Oakley in 2007. These acquisitions not only diversified Luxottica's product range but also strengthened its market position in the premium eyewear segment.

Who is Luxottica biggest competitor? ›

Top 3 Competitors & Alternatives to luxottica.com

The closest competitor to luxottica.com are essilorluxottica.com, replacementlenses.net and costadelmar.com. To understand more about luxottica.com and its competitors, sign up for a free account to explore Semrush's Traffic Analytics and Market Explorer tools.

Who is the largest producer of sunglasses in the world? ›

Luxottica is the largest eyewear manufacturer, producing many of the most popular sunglasses, including Ray-Ban, Oakley, Prada, and Michael Kors.

Is Essilor better than Zeiss? ›

Zeiss is actually a better known name . They have been making optical instruments many years before Essilor even existed. So some just go by the name they know better. Both are actually equal in quality for the lenses .

Who did Luxottica merge with? ›

LONDON — Essilor of France said on Monday that it would merge with the Luxottica Group of Italy, owner of the Ray-Ban and Oakley brands, in a $49 billion deal that would create a giant in the eyewear industry.

Is Gucci under Luxottica? ›

Gucci is part of the global luxury group Kering, which manages the development of a series of renowned Houses in fashion, leather goods, jewelry and eyewear.

Who is Luxottica owned by? ›

Luxottica
Company typePublic (1990–2017) Subsidiary (2018–present)
ParentEssilorLuxottica (2018–present)
DivisionsRay-Ban, Essilor, Persol, Oakley, LensCrafters, OPSM, Sunglass Hut, Apex by Sunglasshut, Eyemed, Pearle Vision, Sears Optical, Glasses.com, Onesight, Target Optical
Websiteluxottica.com/en
12 more rows

Is LensCrafters owned by Luxottica? ›

LensCrafters has been a wholly owned subsidiary of Luxottica (which has since merged with Essilor to form EssilorLuxottica), the largest eyewear company in the world, since 1995.

What brands are proprietary to EssilorLuxottica? ›

The Group offers exclusive eyewear based on highly skilled artistry and creativity through an unparalleled portfolio including Ray-Ban, Oakley, Persol, Oliver Peoples, Vogue Eyewear, Arnette, Alain Mikli, Costa, Native Eyewear and Bolon.

How many brands does EssilorLuxottica own? ›

We have a portfolio of more than 150 renowned brands. EssilorLuxottica is home to the most loved and widely-recognized vision care and eyewear brands in the world.

Which brands are under the Luxottica name? ›

Luxottica
Company typePublic (1990–2017) Subsidiary (2018–present)
ParentEssilorLuxottica (2018–present)
DivisionsRay-Ban, Essilor, Persol, Oakley, LensCrafters, OPSM, Sunglass Hut, Apex by Sunglasshut, Eyemed, Pearle Vision, Sears Optical, Glasses.com, Onesight, Target Optical
Websiteluxottica.com/en
12 more rows

What brand does Luxottica own? ›

Luxottica offers its products under LensCrafters, Pearle Vision, Spectacle Hut, Sunglass Hut, Oakley, GMO, Alain Mikli, OPSM, Oliver People, Laubman & Pank, David Clulow, Ray-Ban and Salmoiraghi & Vigano brand names. The company sells its products in its retail stores and franchised stores.

What eyewear retailers are owned by Luxottica? ›

The Company has a widespread brick and mortar retail network with banners such as LensCrafters, Target Optical and Pearle Vision in North America; Apollo, Vision Express, Pearle, Générale d'Optique, Visilab, Salmoiraghi & Viganò and David Clulow in EMEA; OPSM, Mujosh and Laubman & Pank in Asia- Pacific; MasVisión, GMO, ...

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