- CEO
- Francesco Milleri
- Full Time Employees
- 203,791
- Sector
- Healthcare
- Industry
- Medical - Instruments & Supplies
- Address
- 1-5 rue Paul CEzanne Paris France 75008
- IPO Date
- Oct 15, 2010
- Business
- EssilorLuxottica S.A. operates as a leading global entity in the vision care and eyewear sector, engaging in the design, creation, and distribution of ophthalmic lenses, frames, and sunglasses across North America, Europe, Latin America, Asia, Oceania, and Africa. Its extensive operations are organized into several core areas, encompassing Professional Solutions and Direct to Consumer channels. The Professional Solutions segment is dedicated to the production and wholesale distribution of both traditional and high-end eyewear, alongside advanced vision correction lenses, including Varilux progressive lenses, Crizal anti-reflective coatings, Transitions photochromic technology, and Eyezen lenses tailored for digital device use. This segment also provides a suite of optical instruments and machinery, such as lens edging and surfacing equipment for laboratories and eye care practitioners. The Direct to Consumer segment manages a broad retail presence, offering a diverse array of luxury, fashion, and sport eyewear through its vast network of physical stores and online platforms. Its brand portfolio features renowned names like Ray-Ban, Oakley, Persol, Oliver Peoples, and Vogue Eyewear, in addition to a wide range of non-prescription sunglasses and reading glasses under various house and licensed brands. Further expanding its strategic scope, the company is actively advancing in the smart eyewear and med-tech landscapes. Recent developments include a long-term collaboration with Meta Platforms for multi-generational smart glasses, notably the Ray-Ban Meta and Oakley Meta series, pushing the boundaries of wearable technology. EssilorLuxottica has also broadened its med-tech capabilities through acquisitions like Heidelberg Engineering and RetinAI, focusing on AI-powered eye health solutions, and introduced innovative products such as Essilor Stellest 2.0 lenses for myopia management and Nuance Audio, a solution integrating sight and hearing. The company continues to solidify its global leadership through a vertically integrated business model that spans the entire value chain, from research and development to manufacturing and extensive worldwide distribution, supported by its network of prescription laboratories and retail locations. EssilorLuxottica S.A. was formed in October 2018 through the merger of Essilor International and Luxottica Group and is headquartered in Paris, France.