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EssilorLuxottica SA is a Franco-Italian vertically integrated multinational holding company registered in Charenton-Le-Pont and headquartered across Paris and Milan. Formed on 1 October 2018 through the merger of Essilor (France, world-leading ophthalmic lens manufacturer) and Luxottica (Italy, world-leading eyewear frame manufacturer), the combined group dominates the global eyewear market as the largest single player. Revenue reached €28.491 billion in 2025. The company is listed on Euronext Paris (EL) and is a component of the CAC 40 and Euro Stoxx 50 indices. CEO Francesco Milleri and deputy CEO Paul du Saillant were appointed following the post-merger leadership resolution in 2021. Luxottica founder Leonardo Del Vecchio died in June 2022.
No single creative director is documented for the group. Design direction operates brand by brand: owned brands (Ray-Ban, Oakley, Persol, Oliver Peoples) maintain their own creative identities; licensed brands (Prada, Armani, etc.) are designed in collaboration with the respective fashion houses. The Supreme acquisition brings an in-house streetwear design function into the group for the first time.
Essilor contributed its ophthalmic lens technologies and subsidiaries; Luxottica contributed its eyewear brands, retail chains, and exclusive fashion house manufacturing licences. Key Luxottica brand acquisitions included Vogue Eyewear (1990), Persol (1995), Ray-Ban and Arnette (1999), Oakley and Oliver Peoples (2007), Alain Mikli (2012), and Bolon via Xiamen Yarui Optical (2013). Essilor brought Foster Grant (2010) and Costa Del Mar (2014). Post-merger acquisitions include GrandVision (75% stake, 2019, valued at €7.2B), Shamir Optical Industry (100%, 2022), and Supreme streetwear brand ($1.5B, July 2024) - the first major acquisition outside eyewear and lenses. Heidelberg Engineering (ophthalmic diagnostics, 80%, July 2024) extended the group into medical instruments.
Owned eyewear brands: Ray-Ban, Oakley, Persol, Oliver Peoples, Vogue Eyewear, Alain Mikli, Arnette, Bolon, Costa Del Mar, Foster Grant
Exclusive fashion house manufacturing licences: Armani (since 1989), Brooks Brothers, Burberry, Chanel, Coach, Dolce & Gabbana, Ferrari (via Ray-Ban partnership), Michael Kors, Miu Miu, Prada, Ralph Lauren, Swarovski, Tiffany & Co., Tory Burch, Versace, Jimmy Choo (10-year deal, 2023), Kodak (indefinite, 2023). Bulgari licence not renewed (expired end of 2023).
Owned retail chains (selected, by location count): Sunglass Hut (3,131), Óticas Carol (1,425), LensCrafters (1,098), Vision Express (983), Apollo (888), Pearle/Pearle Vision (1,262 combined), Générale d'Optique (668), Target Optical (591), OPSM (397), Oakley stores (375), Ray-Ban stores (282)
Online: Clearly, Eyebuydirect, FramesDirect.com, and brand-specific e-commerce
Lens technologies: Crizal, Varilux, Transitions, Oakley, Ray-Ban, Shamir, Eyezen, Xperio, Optifog, Kodak, Essilor Sun Solution
Supreme (18 stores; acquired July 2024) extends the portfolio into streetwear apparel and accessories.
The fashion house licensing model - pioneered by the Armani deal in 1989 - is the group's most commercially significant relationship with surface pattern design. It applies to Armani, Burberry, Chanel, Dolce & Gabbana, Prada, Ralph Lauren, Versace, Tory Burch, Tiffany & Co., Swarovski, Michael Kors, Miu Miu, Coach, Brooks Brothers, Jimmy Choo, and Kodak. Retail distribution operates through 30,000+ points of sale globally across owned chains, licensed chains, and wholesale accounts.
EssilorLuxottica's vertical integration spans the full eyewear value chain: lens R&D and manufacturing (Essilor); frame design and production (Luxottica); owned consumer brands (Ray-Ban, Oakley, Persol, etc.); fashion house licensed production (Armani, Prada, Chanel, Versace, etc.); and retail distribution (Sunglass Hut, LensCrafters, etc.). This breadth is without precedent in the eyewear sector, and has attracted sustained antitrust scrutiny in multiple jurisdictions (Turkey, €17M fine 2023; EU/US/Brazil/Canada/China clearance required for the original merger). Meta was reported to be in talks to purchase a 5% stake in July 2024.
EssilorLuxottica is the primary production and distribution infrastructure for eyewear carrying some of the most pattern-intensive fashion brand identities in the world. Every pair of Chanel, Prada, Versace, Dolce & Gabbana, Burberry, or Ralph Lauren eyewear is manufactured by this group under exclusive licence - meaning the group executes the translation of each brand's graphic and surface design language into a physical product category. The Ray-Ban brand carries its own strong graphic identity (the Wayfarer silhouette, Aviator frame as near-universal consumer icons). Oakley's technical lens tinting and frame surface treatments represent materials-driven surface design. The Supreme acquisition ($1.5B, 2024) brings a brand whose commercial identity is built entirely around graphic surface marks applied to streetwear and accessories. The fashion house licensing model means EssilorLuxottica's design and production teams are continuously interpreting brand DNA into frame and lens surface expressions season by season across 15+ fashion houses.
EssilorLuxottica SA is a Franco-Italian vertically integrated multinational holding company registered in Charenton-Le-Pont and headquartered across Paris and Milan.
EssilorLuxottica is the primary production and distribution infrastructure for eyewear carrying some of the most pattern-intensive fashion brand identities in the world.
, Tory Burch, Versace, Jimmy Choo (10-year deal, 2023), Kodak (indefinite, 2023). Bulgari licence not renewed (expired end of 2023).
). This breadth is without precedent in the eyewear sector, and has attracted sustained antitrust scrutiny in multiple jurisdictions (Turkey, €17M fine 2023; EU/US/Brazil/Canada/China clearance required for the original merger). Meta was reported to be in talks to purchase a 5% stake in July 2024.
The fashion house licensing model - pioneered by the Armani deal in 1989 - is the group's most commercially significant relationship with surface pattern design. , Swarovski, Michael Kors, Miu Miu, Coach, Brooks Brothers, Jimmy Choo, and Kodak.
Essilor contributed its ophthalmic lens technologies and subsidiaries; Luxottica contributed its eyewear brands, retail chains, and exclusive fashion house manufacturing licences.
France