LensCrafters 2004 Annual Report Download - page 12

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February
RENEWAL OF THE LICENSING AGREEMENT WITH
CHANEL
Chanel and Luxottica Group extend through 2008 the
existing worldwide licensing agreement for the
design, manufacturing and distribution of prescription
frames and sunglasses.
June
SIGNING OF A LICENSING AGREEMENT WITH
DONNA KARAN INTERNATIONAL
Donna Karan International and Luxottica Group sign a
five-year worldwide licensing agreement (with
automatic renewal through 2014) for the design,
manufacturing and distribution of Donna Karan and
DKNY prescription frames and sunglasses.
June
RENEWAL OF BULGARI LICENSING AGREEMENT
The worldwide licensing agreement for the design,
manufacturing and distribution of Bulgari prescription
frames and sunglasses is extended through 2010.
July
APPOINTMENT OF NEW CHIEF EXECUTIVE
OFFICER
Luxottica Group’s Board of Directors appoints Andrea
Guerra as new CEO.
September
FIVE INDEPENDENT DIRECTORS ON THE BOARD
In line with the highest standards in Corporate
Governance, Shareholders bring the number of
Independent Directors elected to the Board to five.
October
CLOSING OF THE ACQUISITION OF COLE
NATIONAL CORP.
Cole National, with its optical retail distribution chains
Pearle Vision, Sears Optical, Target Optical, and BJ’s
Optical, encompassing over 2,100 stores, and Cole
National Managed Vision, join Luxottica Group,
representing an important step in the strategy of the
Group.
October
SIGNING OF LICENSING AGREEMENT WITH
DOLCE & GABBANA
Dolce & Gabbana and Luxottica Group sign a
worldwide, five-year licensing agreement for the
design, manufacturing and distribution of Dolce &
Gabbana and D&G Dolce & Gabbana sunglasses
and prescription frames. The agreement is
automatically renewable through 2015.
November
TENDER OFFER FOR REMAINING OUTSTANDING
SHARES OF OPSM GROUP
Luxottica Group launches a Tender Offer for all the
remaining 17.4% of OPSM Group shares, listed on the
Australian Stock Exchange, that it does not already
own. In March 2005 the Group acquires 100% of the
shares of OPSM Group.
11
ANNUAL REPORT 2004
HIGHLIGHTS OF 2004