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our business model
One of the competitive advantages underpinning Luxottica’s past and future successes is the vertically-integrated business model that the Group has built over the decades. Luxottica’s Founder and Executive Chairman, Leonardo Del Vecchio, understood the potential of vertical integration early on. He made a visionary choice to begin producing entire frames rather than just components. Vertical integration of manufacturing was gradually accompanied by the expansion of distribution, starting with wholesale and later on, with retail and a key presence in the high value-added business of lens ﬁnishing.
Oversight of the entire production process makes it possible for Luxottica to guarantee and verify the highest level of quality across its products and processes – this is the “Made in Luxottica” standard you will find at every one of the company’s facilities around the world. This 360 degree view of everything from design to distribution gives the company a unique understanding of consumer trends and tastes, welcomes synergies and encourages cross-functional innovation. These advantages of a vertically-integrated model have been key in attracting the most prestigious fashion houses to Luxottica’s portfolio.