
Spectacles maker EssilorLuxottica on Tuesday lost an appeal in its court battle with takeover target GrandVision, removing a possible hurdle for the 7.2 billion euro ($8.5 billion) deal.
56 published items with the word (s) or phrase EssilorLuxottica in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Spectacles maker EssilorLuxottica on Tuesday lost an appeal in its court battle with takeover target GrandVision, removing a possible hurdle for the 7.2 billion euro ($8.5 billion) deal.
Ray-Ban maker EssilorLuxottica secured EU antitrust approval on Tuesday for its 7.2 billion euro ($8.5 billion) acquisition of GrandVision.
EssilorLuxottica is targeting a recovery in its business this year to levels seen before the COVID-19 crisis after the Oakley and Ray-Ban maker's fourth-quarter revenue showed further signs of improvement.
Ray-Ban maker EssilorLuxottica has offered to sell assets in three EU countries in a bid to gain EU antitrust approval for its 7.2-billion-euro purchase of GrandVision, a person familiar with the matter said on Tuesday.
Essilor’s CEO Hubert Sagnières has decided to step down from his executive duties within the EssilorLuxottica group and its subsidiaries and will remain as non-executive vice president.
French-Italian eyewear group EssilorLuxottica is reconsidering its several-billion-dollar takeover of Dutch distributor Grandvision, sources told Bloomberg.
The luxury goods industry was expanding healthily before the pandemic hit, but while sales were strong, a select group of luxury giants dominated the sector overall.
An in-depth look at how Covid-19 has amplified the importance of financial resources for the fashion and luxury sector, amidst share buybacks, green bonds, state funding, recapitalisations and calls to investors.
EssilorLuxottica said on Tuesday its third-quarter sales showed signs of recovery, but will eye the next few months with 'prudent confidence' as a second coronavirus wave threatens another heavy blow to results.
Facebook has joined forces with world optics leader EssilorLuxottica, the partnership's first goal being the launch of Ray-Ban smart glasses in 2021.