Essay on Luxottica institutional structure

Words: 3699
Pages: 15

Organizational structure http://www.luxottica.com/en/about-us/company-structure http://www.luxottica.com/sites/luxottica.com/files/organizzazioneedipartimenti_eng.pdf

ORGANIZATIONS AND DEPARTMENTS
Investor Relations

The Investor Relations department manages relationships with analysts and investors as well as with regulatory bodies that oversee the financial markets.
Consequently, the department works closely with research analysts and fund managers to assist them in building models that support their stock recommendations and investment decisions.
At the same time, the department also interfaces with the Group’s top management for the purpose of sharing market insight and investor feedback.
Business Development

The

It operates various chains in these markets, the most important being LensCrafters.
Oakley
Oakley is a global leader in sport performance optics including premium sunglasses, goggles, and prescription eyewear. Headquartered in Southern California, the company’s optic brand portfolio includes Dragon, Eye Safety Systems, Fox Racing, Mosley Tribes, Oliver Peoples and Paul Smith Spectacles.
In addition to its global wholesale business, the company operates retail chains including Bright Eyes, Oakley Stores, Sunglass Icon and The Optical Shop of Aspen.
Wholesale department
The Wholesale department tracks all the commercial branches, directly or indirectly controlled by Luxottica, and the independent distributors. Each commercial branch coordinates its own network of sales agents.
This area is thus responsible for communicating and implementing distribution and brand strategies in all the various countries.

Group's structure
THE COMPANY’S SHARE CAPITAL CONSISTS EXCLUSIVELY OF ORDINARY FULLY PAID VOTING SHARES, ENTITLED TO VOTING RIGHTS BOTH AT ORDINARY AND EXTRAORDINARY SHAREHOLDERS’ MEETINGS.
Delfin S.à.r.l. holds 61.64% of the outstanding ordinary shares. The Chairman of our Board of Directors, Leonardo Del Vecchio, controls Delfin S.à.r.l..

Giorgio Armani, directly and indirectly through Giorgio Armani S.p.A, holds 4.80% of the outstanding ordinary shares.

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