Our Strategy

We develop cutting-edge vision care technologies, eyewear, medical instruments and scientific solutions that address global growing eye health care needs and rapidly evolving consumer lifestyles, while inventing new ways to reach billions of people living with uncorrected vision.

Born from the combination of two highly complementary and inspiring companies – one in advanced lens technology and the other in the craftsmanship of iconic eyewear – we revolutionize the industry by leveraging their individual strengths to unlock the full potential of vision care and eyewear worldwide. This is the result of a visionary choice made by the founder of Luxottica and late Chairman of EssilorLuxottica, Leonardo Del Vecchio, who recognized the potential of a vertical integration strategy when he decided to produce complete frames rather than just their components.

Our vertically integrated business model lies at the very heart of our success and covers the industry’s entire value chain. Vertical integration in manufacturing was gradually accompanied by distribution, first with wholesale, followed by retail and e-commerce. Finally, with the combination of Essilor and Luxottica in 2018 came the creation of a fully integrated, all round industry champion combining lenses and frames under the same roof.

Our open, non-exclusive business model is designed to create value for all stakeholders, including customers, consumers, employees, shareholders, business partners, suppliers and communities.

As an industry leader, we leverage our strengths to drive positive change while upholding excellence and remaining steadfast in our commitment to innovation. We are also at the forefront of wearables, harnessing the power of AI to redefine smart eyewear and pioneering an entirely new category at the intersection of sight and hearing.

These pillars expand the boundaries of the optical industry and unlock synergies for cross-sector innovation, addressing evolving consumer vision needs. Underpinning this vision is a platform of strategic assets that bolster our competitive edge and fuel our determination to accelerate industry growth:

Mission: Through our Mission, we are dedicated to transforming lives through groundbreaking technologies that correct, protect and frame the beauty of our most precious and powerful sensory organ: the eyes. By advancing vision care and embedding new functionalities into our products to support the human senses we rely on most – vision and hearing – we enhance the way people experience and connect with the world.

Sustainability: With an unwavering commitment to do good for customers, consumers, communities and the planet, our forward-looking corporate responsibility program, Eyes on the Planet, drives sustainability through commitments focused on carbon neutrality, circularity, global access to vision care, inclusion and ethical practices.

Talented People: Our success is driven by our inclusive, dynamic and empowered community of over 200,000 talented employees, which thrives on diverse perspectives to foster collaboration that inspires fresh insights, challenges conventional thinking and creates breakthrough innovations.

Global Footprint: We boast an expansive geographical footprint, with manufacturing and logistics facilities, distribution networks and human capital spread across over 150 countries. This enables us to serve diverse markets effectively as well as help ensure stable and sustainable growth worldwide.

World-Famous Brands: Our unparalleled portfolio of more than 150 globally renowned brands spans various categories – including frames, lenses, instruments and medical technologies, apparel, footwear and accessories, brick-and-mortar distribution and digital platforms – catering to diverse consumer needs across the mid-range to premium segments.

Comprehensive Go-To-Market Strategy: We have implemented an extensive, robust multi-channel go-to-market strategy that seamlessly integrates professional solutions, direct-to-consumer, e-commerce and inclusive last-mile models to ensure quality vision care is accessible even in developing markets.

Unique Innovation Capabilities: Driven by excellence coupled with a pioneering spirit, we are leading the industry’s transformation with our powerful innovation platform by delivering ground-breaking technologies and a rich pipeline of bold initiatives.

Powerful Supply Chain: Balancing speed, efficiency and proximity, we manage a global supply chain based on centralization for frames, and a capillary network for lens finishing and prescription laboratories.

Med-Tech

Wearables

Iconic Brands