EssilorLuxottica is a Franco-Italian multinational holding company that designs, manufactures, and distributes advanced vision care products, including ophthalmic lenses, prescription glasses, sunglas... EssilorLuxottica is a Franco-Italian multinational holding company that designs, manufactures, and distributes advanced vision care products, including ophthalmic lenses, prescription glasses, sunglasses, and med-tech solutions. Formed in 2018 through the merger of Essilor, a leader in lens technology, and Luxottica, a powerhouse in eyewear frames and retail, it operates as a vertically integrated giant across the entire eyewear value chain—from R&D and production to global distribution and retail. The company boasts iconic brands like **Ray-Ban**, **Oakley**, **Persol**, and **Vogue Eyewear**, alongside licensed partnerships with luxury houses such as **Chanel**, **Prada**, and **Versace**. It owns extensive retail networks, including **Sunglass Hut** (over 3,200 locations), **LensCrafters**, and **Pearle Vision**, plus e-commerce platforms, serving consumers in more than 150 countries with about 18,000 stores worldwide. EssilorLuxottica employs over 200,000 people, maintains 50+ R&D facilities, 47 production sites, and 562 prescription labs, and generated €25.4 billion in revenue in 2023, dominating the global eyewear market through innovation in lens technologies like **Varilux** and **Transitions**. Recent expansions into hearing aids, smart glasses, and acquisitions like **Supreme** and **Heidelberg Engineering** underscore its evolving role in med-tech and lifestyle sectors.
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