LensCrafters 2005 Annual Report Download - page 16

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|15<
January
Divestiture of the investment in Pearle Europe, one of the leading optical retailers in Europe acquired by
the Group in the Cole National transaction.
Launch of the first Donna Karan and DKNY collections.
February
Tender offer for the remaining outstanding shares of OPSM Group, the leading optical retailer in Australia
and New Zealand.
July
The Group acquires Xueliang Optical, a leading Beijing-based premium optical chain with 79 stores.
Xueliang Optical boosts Luxottica Group’s presence in what is rapidly becoming one of the world’s most
important markets for premium and luxury eyewear.
October
Signing of a ten-year licensing agreement with Burberry for the design, manufacturing and worldwide
marketing of prescription frames and sunglasses.
October
The Group becomes the leading retailer in the premium and luxury segment in China, with a total of 276
stores in Beijing, the Guangdong province and Hong Kong, through the acquisition of Ming Long
Optical, a leading premium optical retailer.
Launch of the Dolce & Gabbana and D&G collections.
December
Ray-Ban surpasses the historic figure of over eleven millions units sold, making it the world’s best selling
prescription and sun brand.
KEY EVENTS
OF 2005