EssilorLuxottica Société Anonyme (OTC: ESLOY)

EssilorLuxottica Société Anonyme Return vs. S&P

EssilorLuxottica Société Anonyme Company Info

EssilorLuxottica SA engages in the design, manufacture, and distribution of ophthalmic lenses, frames and sunglasses. It operates through the following segments: Professional Solutions and Direct to Consumer. The Professional Solutions segment represent the wholesale business of the Group, i.e. the supply of the Group's products and services to all the professionals of the eyecare industry (distributors, opticians, independents, third-party e-commerce platforms. The Direct to Consumer segment represents the retail business of the Group, i.e. the supply of the Group products and services directly to the end consumer either through the network of physical stores operated by the Group (brick and mortar) or the online channel (e-commerce). The company was founded by Leonardo Del Vecchio in 1961 and is headquartered in Charenton-le-Pont, France.

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Everything You Need to Know About Luxottica and Essilor's $50 Billion Merger

The deal creates a massive enterprise that will boast 140,000 employees, $16 billion of annual revenue, and a global scale that overshadows its closest competitors by a wide margin.

Asit Sharma  |  Jan 27, 2017