LensCrafters 2011 Annual Report Download - page 15

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Luxottica is a leader in the design, manufacturing and distribution of fashion, luxury, sport
and performance eyewear. Due to the strong growth enjoyed throughout 2011, total net
sales reached a record
net income increased to Euro 452.3 million and headcount reached approximately
Founded in 1961 by Leonardo Del Vecchio, the Group is a vertically integrated organiza-
tion whose manufacturing of prescription frames, sunglasses and lenses is backed by wide-
reaching wholesale and retail distribution network.
Product design, development and manufacturing take place in six production facilities in
Italy, two wholly owned factories in China and one sports sunglasses production facility in
the United States. Luxottica also has a small plant in India serving the local market. In 2011,
production reached approximately 64.5 million units. In 2012, Luxottica will benefit from
the addition of a production facility in Campinas, Brazil, acquired in connection with the
purchase of Grupo Tecnol Ltda in the first quarter of 2012.
The design and quality of our products and our strong and well-balanced brand portfolio
are known around the world. Our house brands include Ray-Ban, one of the world’s best-
known brands for eyewear, Oakley, Vogue, Persol, Oliver Peoples, Arnette and REVO, and
our license brands include Bulgari, Burberry, Chanel, Coach, Dolce & Gabbana, Donna
Karan, Paul Smith, Polo Ralph Lauren, Prada, Stella McCartney, Tiffany, Tory Burch, Versace
and, starting from 2013, Armani.
2.1 Profi฀le
Euro฀6.2฀billion,
65,000฀employees.