Sports Eyewear Luxottica Group Celebrates its 50th Anniversary

Luxottica Group (NYSE-Listed LUX), a global leader in premium, luxury and sports eyewear with brands like Ray-Ban, Oakley, LensCrafters and Sunglass Hut, visited the NYSE to celebrate the company’s 50th anniversary. In honor of the occasion, CEO Andrea Guerra rang The Closing BellSM. Luxottica is owned by billionaire, Leonardo Del Vecchio, whose estimated net worth is $11 billion (source: Forbes).

About Luxottica Group:

Luxottica Group (NYSE: LUX) is a global leader in premium, luxury and sports eyewear with approximately 6,500 optical and sun retail stores in North America, Asia-Pacific, China, South Africa and Europe, and a strong, well-balanced brand portfolio. House brands include Ray-Ban, the world’s most famous sun eyewear brand, Oakley, Vogue, Persol, Oliver Peoples, Arnette and REVO, while licensed brands include Bvlgari, Burberry, Chanel, Dolce & Gabbana, Donna Karan, Polo Ralph Lauren, Prada, Tiffany and Versace. In addition to a global wholesale network involving 130 different countries, the Group manages leading retail chains in major markets, including LensCrafters, Pearle Vision and ILORI in North America, OPSM and Laubman & Pank in Asia-Pacific, LensCrafters in China and Sunglass Hut worldwide.

The Group's products are designed and manufactured at its six manufacturing plants in Italy, two wholly-owned plants in the People’s Republic of China and one plant in the United States devoted to the production of sports eyewear.

In 2010, Luxottica Group posted net sales of almost €5.8 billion. Additional information on the Group is available at www.luxottica.com.