LensCrafters 2006 Annual Report Download - page 9

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Luxottica Group is the world’s leading designer, manufacturer and distributor of premium and luxury
prescription frames and sunglasses. It is a global leader in eyewear, with nearly 5,700 optical and sun
retail stores located primarily in North America, Asia-Pacific, China and the UK and a strong brand
portfolio that includes Ray-Ban, the world’s best-selling eyewear brand, as well as, among others,
license brands Bvlgari, Burberry, Chanel, Dolce & Gabbana, Donna Karan, Prada, Versace and Polo
Ralph Lauren, and key house brands Vogue, Persol, Arnette and Revo. In addition to an extensive
wholesale global network, the Group manages leading retail brands such as LensCrafters and Pearle
Vision in North America, OPSM and Laubman & Pank in Asia-Pacific and Sunglass Hut globally. The
Group’s products are designed and manufactured in six Italy-based high-quality manufacturing
plants and in the only two China-based plants wholly owned by a premium eyewear manufacturer.
The Group’s distribution network covers all of the world’s key markets, both wholesale and retail. It is
aleading player in the retail market in North America, China, Australia, New Zealand and the UK and
its wholesale distribution network covers over 130 countries, with direct operations in the world’s 38
most important eyewear markets. Luxottica Group’s brand portfolio currently has eight house brands
and 19 license brands. Over the years, Luxottica Group has become a global leader in the eyewear
industry thanks to its:
Vertically integrated design-production-distribution model, both wholesale and retail, which is
unique in the sector;
• Wide-reaching wholesale and retail distribution network, which maximizes the Group’s ability to
serve the market and keep distribution cost and time under tight control;
Brand portfolio, one of the strongest and most balanced in the industry;
• High, and continuously improving, product quality;
• Production efficiency and flexibility, enabling it to rapidly address changes in the market; and
• Strong focus on pre- and post-sales services.
PROFILE
OF LUXOTTICA
GROUP |9<