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Luxottica Group SpA (LUX.MI)

LUX.MI on Milan Stock Exchange

55.02EUR
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Luxottica acquires Barberini S.p.A for about Euro 85 million
Friday, 22 Jun 2018 

June 22 (Reuters) - Luxottica Group - Luxottica Acquires Barberini S.P.A,World-Class Excellence In Glass Lenses ::DEAL VALUED AT APPROXIMATELY EURO 140 MILLION.  Full Article

Luxottica chairman expects to wrap up Essilor merger in May
Thursday, 19 Apr 2018 

April 19 (Reuters) - Luxottica::CEO SAYS "EXTREMELY CONFIDENT" OF RECEIVING CHINA'S GREEN LIGHT TO MERGER WITH ESSILOR IN NEXT FEW WEEKS.CFO SAYS CONFIRMS SALES GROWTH TARGET OF 2-4 PERCENT AT CONSTANT CURRENCIES IN 2018.CHAIRMAN SAYS DEAL WITH ESSILOR CAN BE WRAPPED UP BY THE END OF MAY.CFO SAYS E-COMMERCE ACCOUNTS FOR AROUND 5 PERCENT OF REVENUE.  Full Article

Tiffany Renews Luxottica License Agreement
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Tiffany & Co ::TIFFANY & CO. STRENGTHENS EYEWEAR OFFERING WITH RENEWED LUXOTTICA LICENSE AGREEMENT.SAYS AGREEMENT IS SCHEDULED TO EXPIRE ON DECEMBER 31, 2027.  Full Article

Luxottica, Essilor tie-up approved by Canada antitrust
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Luxottica and Essilor say::PROPOSED COMBINATION APPROVED BY CANADIAN COMPETITION BUREAU.  Full Article

Luxottica to book 100 mln euro tax benefit in 2017 results
Friday, 24 Nov 2017 

Nov 24 (Reuters) - Luxottica says::has signed agreement granting it tax relief under Italian 'Patent Box' regime.estimated tax benefit between 2015 and 2017 seen at about 100 million euros, to be reflected in 2017 results.  Full Article

ACCC says won't oppose proposed Essilor and Luxottica merger
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - ACCC::Decided to not oppose the proposed merger between Essilor International (Essilor) and Luxottica Group S.P.A‍​.  Full Article

Essilor looks at European Commission probe "with serenity and confidence"
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Essilor International ::Essilor Chief Operating Officer Laurent Vacherot says group looks at European Commission probe into planned merger with Luxottica <<>> "with serenity and confidence".  Full Article

Luxottica CEO confident on 2017 guidance
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Luxottica Group::CEO Massimo Vian says confidence in reaching 2017 guidance is high... "we will do all that is in our power to reach it".CFO says sees acceleration in North America business in fourth quarter.  Full Article

Essilor ‍confirms hive-down of activities expected to be completed by end of 2017​
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - ESSILOR SA ::‍CONFIRMED THAT HIVE-DOWN OF ESSILOR'S ACTIVITIES IS EXPECTED TO BE COMPLETED BY END OF 2017​.‍HIVE-DOWN CONSTITUTES ANOTHER SIGNIFICANT STEP TOWARDS COMPLETION OF COMBINATION OF ESSILOR AND LUXOTTICA​.‍GOVERNANCE OF ESSILOR INTERNATIONAL WILL BE SIMILAR TO CURRENT GOVERNANCE OF ESSILOR​.‍MR. HUBERT SAGNIÈRES WILL BE CHIEF EXECUTIVE OFFICER (PRÉSIDENT) OF ESSILOR INTERNATIONAL​.‍PURSUANT TO THIS HIVE-DOWN, ESSILOR WILL CONTRIBUTE ITS ACTIVITIES AND EQUITY HOLDINGS TO ONE OF ITS SUBSIDIARIES RENAMED ESSILOR INTERNATIONAL​.‍ESSILOR INTERNATIONAL WILL CARRY ON OPERATIONAL ACTIVITIES CURRENTLY PERFORMED BY ESSILOR​.‍HIVE-DOWN OF ESSILOR'S ACTIVITIES IS A CONDITION PRECEDENT TO CONTRIBUTION BY DELFIN OF ITS LUXOTTICA SHARES TO ESSILOR​.  Full Article

BRIEF-Luxottica CFO says too early to say if 2017-2018 guidance stands
Monday, 25 Jul 2016 

Luxottica: Chief Financial Officer Stefano Grassi says "wants to see how things progress" when asked if company standing by 2017 and 2018 guidance . Executive says like-for-like retail sales grew 0.6 percent in H1 Further company coverage: [LUX.MI] (Reporting by Milan Newsroom) Keywords: (CORRECTED).  Full Article

CORRECTED-BRIEF-Luxottica acquires Barberini S.p.A for about EUR 140 mln

* LUXOTTICA ACQUIRES BARBERINI S.P.A, WORLD-CLASS EXCELLENCE IN GLASS LENSES