EssilorLuxottica

Combining the best in advanced lens technology with beautifully crafted and branded frames.

General Information
Industries
Design, Fashion +1
Funding Stage
-
Product Stage
-
Business Model
-
Company Overview
Founded
2018
Employees
82499
Location
, France
EssilorLuxottica - Company Details

EssilorLuxottica is a global leader in the Health Care industry, focusing on the design, manufacture, and distribution of ophthalmic lenses, frames, and sunglasses. Established in 2018 through the merger of Essilor and Luxottica, the company unites two centuries of innovation and human endeavor to enhance vision care. The brand boasts a distinguished portfolio, including Ray-Ban, Oakley, Costa, Vogue Eyewear, Persol, and Oliver Peoples, alongside over 20 prestigious licensed brands. Recognized for their advanced lens technologies such as Varilux, Crizal, Eyezen, Stellest, and Transitions, EssilorLuxottica operates a network of 18,000 stores globally, housing renowned retail brands like Sunglass Hut, LensCrafters, Salmoiraghi & ViganĂ², and GrandVision.

With a workforce of 180,000 employees across 150 countries, EssilorLuxottica commits to a shared mission of enhancing individuals' vision and quality of life. In 2021, notable achievements included a collaboration with Meta to launch Ray-Ban Stories smart glasses, the acquisition of GrandVision, welcoming 39,000 new employees to its fold, and the initiation of Eyes on the Planet, a strategic commitment to sustainability.

While specific investment details are not currently available, EssilorLuxottica's dedication to innovation and expanding its market presence underscores its potential for sustainable growth and continued impact within the health care sector.