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Luxottica | 2013 Annual Review

Luxottica 2013 Annual Review: In 2013, Luxottica set a new net sales record of more than Euro 7.3 billion

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Luxottica | 2013 Annual Review | annualreview2013.luxottica.com Reviews

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Luxottica 2013 Annual Review: In 2013, Luxottica set a new net sales record of more than Euro 7.3 billion

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1

Luxottica | Annual Review 2013

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Luxottica Annual Review 2013. A long way to grow. Fondato nel 1961 da Leonardo Del Vecchio, il Gruppo è oggi una grande realtà verticalmente integrata che, alla produzione di montature da vista e occhiali da sole, affianca un’estesa rete wholesale e retail. Il canale retail, in particolare, è concentrato per lo più in Nord America, Asia-Pacifico, Cina e America Latina. 77,3 milioni di pezzi. Noti in tutto il mondo, i prodotti di Luxottica. Si contraddistinguono per il design eccellente e l’elevata qualità.

2

Luxottica | 2013 Annual Review

http://annualreview2013.luxottica.com/ajaxcontent/letter-to-shareholders.html

2013 was a year of great achievements for Luxottica, as we obtained the best results ever for the Group, confirming our positive direction and creating the basis for a long period of solid growth. Once again, Luxottica generated solid operating results, setting a new record for net sales and significant increases in profitability. These results were made possible by the enormous commitment and determination of our company’s people in all of the geographic areas where we operate.

3

Luxottica | 2013 Annual Review

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Designer lines are produced and distributed through license agreements with major fashion houses. The license agreements are exclusive contracts which typically have terms of between three and ten years, and may contain options for renewal for additional periods. Under these license agreements, Luxottica is required to pay a royalty ranging from 5% to 14% of the net sales of the related collection and a mandatory marketing contribution of between 5% and 10% of sales. Created at the beginning of the 80’s ...

4

Luxottica | 2013 Annual Review

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In 2013, proprietary brands accounted for approximately 69% of total sales of frames. Ray-Ban and Oakley, the two biggest eyewear brands in Luxottica’s portfolio, accounted for 24.7% and 11.4%, respectively, of the Group’s 2013 net sales. Launched in 1973 under the same name as the famous fashion magazine, Vogue Eyewear was acquired by Luxottica in 1990. Vogue models distinguish themselves through their innovative and fashionable designs, their variety of colors and frames and the smart detailing on ...

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Luxottica | 2013 Annual Review

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Scroll down to read. The 2013 Annual Review. Luxottica 2013 Annual Review. A long way to grow. Founded in 1961 by Leonardo Del Vecchio, the Group is a vertically integrated organization whose manufacturing of sun and prescription eyewear is backed by a wide-reaching wholesale network and a retail network located mostly in North America, Asia-Pacific, China and Latin America. Worldwide production 77.3 million units. Reached approximately 77.3 million units. Are known around the world. Direct wholesale ope...

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