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At Oakley’s California headquarters yesterday, Luxottica Group S.p.A., the world leader for the design, production, distribution and sale of top range and luxury eyewear, presented to the financial community the development plan structured around the new business prospects deriving from the US$2.1 billion acquisition of the Californian company last November 14. The new Luxottica Group is the outcome of the merger between these two companies.
The final objective of the long-term development plan is clear: to create an innovative business model with numerous advantages for consumers, employees and Luxottica Group shareholders. The plan is based on Luxottica’s vertical integration model, its balanced brand portfolio and ability to achieve all regions, which have now been joined by Oakley’s technological leadership and considerable clout in the sports world.
<p><font face="Times New Roman"size="3">The plan envisages that Luxottica will exceed the Euro 6.1 billion billings target (at an exchange rate of |
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