EssilorLuxottica S.A. Unsponsored ADR (ESLC)

Overview

EssilorLuxottica Société anonyme represents a premier entity in the optic sector, with its operations spread across the globe including Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. This conglomerate has carved a niche for itself by engaging in the design, manufacture, and distribution of ophthalmic lenses, frames, and sunglasses. Operating through the Professional Solutions and Direct to Consumer segments, the company has established a solid dominance in the industry. Since its inception in 1849, with a base in Paris, France, EssilorLuxottica has evolved significantly, especially after its rebranding from Essilor International Société Anonyme in October 2018, showcasing a legacy of innovation and excellence in the eyecare and eyewear sectors.

Products and Services

The comprehensive array of products and services offered by EssilorLuxottica Société anonyme is categorized under various reputed brands, ensuring a broad spectrum of optical solutions:

• Lenses: The company markets a variety of lenses under esteemed brands such as Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog. These lenses are crafted with precision to cater to a diverse range of vision needs, incorporating the latest in optical technology.
• Equipment and Instruments: Under the Essilor Instruments and Satisloh brands, EssilorLuxottica provides a selection of finishing equipment, vision performance screening tools, eye examination and refraction systems, fitting parameter measurement instruments, and small tools and consumables. Moreover, they offer high-tech equipment for optical surfacing, polishing, measuring, coating, and finishing, along with various consumables, tools, and services, catering to the technical needs of opticians and prescription laboratories.
• Eyewear: The company’s eyewear product lines are extensive, featuring brands like Ray-Ban, Oakley, Persol, Oliver Peoples, Vogue Eyewear, Arnette, Alain Mikli, Costa, Bliz, Native, Luxottica, Sferoflex, Bolon, Molsion, DbyD, and Unofficial and Seen, along with other licensed brands. These range from luxury to sports and everyday wear, designed to fit various consumer preferences and styles.
• Lens Edging and Mounting Instruments: In addition to the wide range of products, EssilorLuxottica also specializes in the design, development, marketing, and maintenance of lens edging and mounting instruments for opticians and prescription laboratories, demonstrating their commitment to providing comprehensive solutions for the eyecare industry.
• Optometry Instruments: Further solidifying their footprint in the professional sphere, the company also engages in offering optometry instruments tailored for eyecare professionals, schools, occupational medicine centers, military, and other institutions, ensuring wide-ranging support for vision care and eye health.

EssilorLuxottica maintains a robust distribution network, wholesaling products to independent opticians, distributors, third-party e-commerce platforms, and large retail chains in the eyecare and eyewear industry. Additionally, the company engages in direct-to-consumer sales through an extensive network of brick and mortar retail outlets and online channels, ensuring their products and services are accessible to a broad audience.