Luxottica Group S.p.A., a leader in the design, manufacture and distribution of fashion, luxury and sports eyewear and Grupo Tecnol Ltda, a leading Brazilian eyewear player, have signed an agreement pursuant to which Luxottica will acquire 100 percent of Grupo Tecnol capital.
Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX), a global leader in premium fashion, luxury and sports eyewear, welcomed today with great satisfaction the final order issued by the Consumer Protection Center of the Sharjah's emirate (United Arab Emirates) to destroy 143,700 counterfeited Ray-Ban sunglasses, found during a raid action at the local China Optical Center distributor.
Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX), a global leader in the design, manufacturing and distribution of premium fashion and luxury eyewear, today announced that it is set to enter the high-potential Indian retail market with the opening of over 100 Sunglass Hut stores at select high-end malls and other premium retail locations across India.