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Horizontal Integration
Global Market Share:
- Bought out Oakley from Sunglass Hut
Vertical Integration
Organization Structure
Value Statement
“We at Luxottica aim at protecting the eyes and enhancing the faces of men and women all over the world, by manufacturing and selling ophthalmic eyewear and sunwear characterized by their high technical and stylistic quality, in order to maximize our customers' wellbeing and satisfaction.”
http://www.luxottica.com/en/company/about-us/company-profile/organizational-structure
- Italian Eyewear Company
- Founded in 1961, by Leonardo Del Vecchio
Business Model
- Controls over 80% of the worlds major eyewear brands.
- Net Sales over €7.6 Billion, in 2014
Luxottica operates in a continually evolving and highly competitive global market
- Wholes Sale Distribution Network:
Countries -- 130
Continents -- 5
http://www.ft.com/cms/s/0/45e55d3e-329e-11e4-a5a2-00144feabdc0.html#slide1 --- Will remove before presentation
- Design
- Production
- Retail Distribution
- Wholesale Distribution
- Logistics
Topics Covered
I. Background Info
II. Current Strategy
III. Evaluation of Current Performance
IV. Industry Analysis
V. Internal Analysis
VI. Recommendations
LUX - Luxottica Group SpA
1) Vertical Integration
2) Acquisitions
3) Logistics
4) Exclusive Designer Contracts
Luxottica dominates the global eyewear market and out performs all of the competitors.
Glassdoor.com
"Company is more focused on profits than employee satisfaction"
"general lack of respect"
"Poor pay without any room to grow"