LensCrafters 2003 Annual Report Download - page 25

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49
Milan and Agordo, Italy-headquartered Luxottica Group is the world leader in the design, manufacturing and
distribution of prescription frames and sunglasses in the mid- and premium-priced categories. The Group is also the
leading optical retailer in the U.S. and Canada with more than 2,500 stores, and in Australia with over 630 stores
through the acquisition of OPSM Group in 2003.
Luxottica Group designs and produces approximately 2,450 styles of prescription frames and sunglasses,
available in a wide array of colors and sizes, and marketed under a variety of well-known brand names. Luxottica
Group’s current portfolio consists of a total of 23 brands, of which 8 are house brands and 15 are designer brands.
HOUSE BRANDS: •Arnette •Killer Loop •Luxottica •Persol •Ray-Ban •Revo •Sferoflex •Vogue
DESIGNER BRANDS: •Anne Klein •Brooks Brothers •Bulgari •Byblos •Chanel •Emanuel Ungaro •Genny
•Jil Sander •Miu Miu •Moschino •Prada •Salvatore Ferragamo
•Sergio Tacchini •Versace •Versus
The Group’s products are primarily manufactured in seven facilities in Northern Italy, where most of the country’s
optical industry is based. Each facility is tailored to a specific production technology, thereby enhancing both the
productivity and quality of products and operations. Luxottica Group produces plastic frames at its facilities in Sedico,
Pederobba and Lauriano, while metal frames are produced in Agordo, Rovereto and Gazzada. Frame parts are
produced in Cencenighe and lenses for sunglasses in Lauriano. In addition, the Group operates one facility in the
People’s Republic of China for the production of metal frames mainly for private label products sold through its retail
network.
Prescription frames and sunglasses manufactured by Luxottica Group are sold in approximately 120 countries to
over 200,000 customers worldwide through an extensive wholesale and retail network. The wholesale network is
comprised of twenty-eight wholly or partially-owned wholesale subsidiaries, over 1,100 sales representatives and
approximately 100 independent distributors.
LUXOTTICA GROUP - HISTORY AND OVERVIEW