Analysis updated on May 2022
Fashion
Born in Milan in 1935. Awarded the title of Knight of the Order of "Merit for Labor" in 1986 by the President of the Republic, Leonardo Del Vecchio is known especially for founding and bringing the made in Italy brand Luxottica to international levels. In 1958, he moved to Agordo to open a workshop for eyeglass frames, which within three years transformed into the famous brand we know. Leonardo Del Vecchio was also President of Delfin S.r.l, a shareholder of Assicurazioni Generali, Vice President of Foncière des Régions S.A., and a Board Member of Beni Stabili.
Luxottica Group is an Italian company specialized in the production and trade of eyewear. It is present in over 150 countries across five continents and is the largest global manufacturer of frames for prescription glasses and sunglasses. The company was founded in Agordo in 1961 by Leonardo Del Vecchio.
Throughout its history, the company has distinguished itself through a wide range of acquisitions (notably that of the American brand Ray-Ban, a leader in the sunglasses sector previously owned by the multinational Bausch & Lomb). On March 24, 2014, Luxottica announced an agreement with Google for a new model of augmented reality glasses, a project revisited in 2023 with the Meta group.
In 2012, it was the first Italian company in the fashion sector by revenue. On January 16, 2017, the merger of Luxottica with the French group Essilor was announced. Since October 1, 2018, Luxottica Group S.p.A. has been a subsidiary of the holding EssilorLuxottica, which has held 100% of it since March 5, 2019.
The company was listed under the symbol LUX in the FTSE MIB index of the Milan Stock Exchange from 2000 to 2018.
Top Manager Certificate: Leonardo Del Vecchio
The chart shows the evolution over time of the manager's online reputation. The reputation index is represented by a score ranging from 0 to 100.
The chart shows the evolution over time of the manager's online reputation.
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The chart shows the evolution over time of the online reputation of the managers in the analyzed sector. The average value is calculated based on the top five scores in the sector.
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