EssilorLuxottica
EssilorLuxottica to Buy Supreme for $1.5 Billion
The French-Italian eyewear giant has agreed to buy the streetwear juggernaut from VF Corp. for $1.5 billion in cash, adding another lifestyle brand to a stable that already includes Ray-Ban and Oakley.
The DTC Eyewear Brands Challenging Warby Parker
Warby Parker’s continued brick-and-mortar expansion has given two of its less recognisable digitally-native peers — Zenni Optical and Eyebuydirect — a chance to raise their profiles among online shoppers.
Mark Zuckerberg Meets Italian Fashion Leaders
Meta’s founder and chief executive met up with several power players, according to the evidence on Instagram.
EssilorLuxottica Sales Recover As Second Virus Wave Looms
The maker of Oakley and Ray-Ban showed signs of recovery. But a second coronavirus wave threatens another heavy blow to results.
What’s Next for Retail and Luxury?
From M&A to e-commerce, analysts share the key areas brands must consider in order to navigate the economic fallout of the pandemic.
EssilorLuxottica Remains Committed to $8 Billion GrandVision Deal
Despite recent deals falling apart, EssilorLuxottica is committed to its acquisition of Netherlands-based optical retailer GrandVision.
EssilorLuxottica Hit by $213 Million Fraud at Thai Factory
The scandal risks reigniting concern about a power struggle at the recently merged Italian-French eyewear conglomerate.
EssilorLuxottica Looks to Further Deals After GrandVision Purchase
After recently diffusing internal leadership rivalries and acquiring Grandvision for $8 billion, the Franco-Italian eyewear group is setting its sights on Asia, Africa and Latin America for expansion.
Ray-Ban Maker EssilorLuxottica Agrees to Buy GrandVision for $8 Billion
The deal was announced as the Franco-Italian eyewear company reported first-half earnings that beat analysts’ estimates.
Report: Ray-Ban Maker EssilorLuxottica Nearing Deal to Buy GrandVision
The Franco-Italian company and GrandVision’s controlling shareholder, HAL, could reach an agreement as early as this week, according to sources familiar with the matter.