DOCSLIB.ORG

Sustainability Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Sustainability Report 2019 Sustainability Report Extract from the 2019 Universal Registration Document SOCIAL, ENVIRONMENTAL AND SOCIETAL INFORMATION (2019 NON-FINANCIAL STATEMENT OF ESSILORLUXOTTICA) ESSILORLUXOTTICA MISSION 1 1 ESSILORLUXOTTICA’S APPROACH TO SUSTAINABLE DEVELOPMENT 3 1.1 Business model, environmental and social challenges 3 1.2 Stakeholders engagement 4 1.3 Sustainable offering 5 1.4 Main pillars of EssilorLuxottica Sustainability approach 7 2 MANAGEMENT OF SUSTAINABLE DEVELOPMENT 8 2.1 EssilorLuxottica CSR Committee and sustainability team 8 2.2 CSR risk management 8 2.3 Protocol and organization of non-financial reporting 7 3 FUNDAMENTAL SUSTAINABILITY PILLARS TO SUPPORT ESSILORLUXOTTICA MISSION 11 3.1 People 11 3.2 Environment 15 3.3 Society 20 4 NEXT STEPS OF ESSILORLUXOTTICA SUSTAINABILITY PROGRAM 28 5 METHODOLOGY NOTE AND CORRESPONDENCE TABLE 29 6 REPORT BY ONE OF THE STATUTORY AUDITORS, APPOINTED AS AN INDEPENDENT 33 THIRD-PARTY, ON THE NON-FINANCIAL STATEMENT INCLUDED IN THE MANAGEMENT REPORT EssilorLuxottica Mission To help everyone everywhere "see more, be more and While EssilorLuxottica was created in 2018, its long- live life to its fullest". standing commitment to expand sustainable access to The Mission of EssilorLuxottica drives its strategy and vision care builds on both Essilor and Luxottica’s everything it does. It is at the heart of the Company's investments and partnerships with not-for-profit values and principles and informs its integrated approach organizations: to sustainable development. • Since 2013, Essilor has created sustainable access to The Company’s groundbreaking products correct, protect vision care for over 300 million people in developing and frame the beauty of the most precious and powerful communities by establishing more than 15,000 inclusive sensory organ: the eyes. By combining the expertise in lens businesses around the world as part of Essilor’s 2020 technology and eyewear manufacturing, a portfolio of sustainability targets. Training and empowering young brands consumers love and global distribution capabilities, people to become entrepreneurial primary vision care EssilorLuxottica enables people everywhere to learn, work providers in rural communities not only opens up access and express themselves better and in order to fulfil their to vision care, it also improves livelihoods and promotes potential. skills development. To date, Essilor has equipped 33.5 million people “at the base of the pyramid” (1) with Lack of access and awareness have led to a global vision vision care. crisis with severe social and economic consequences for billions of people. EssilorLuxottica exists to give vision a • As a founding sponsor of the not-for-profit organization louder voice and respond to the world's growing vision OneSight, Luxottica and its employees have helped to needs. The Company achieves this by meeting the open 171 Sustainable Vision Centers in Africa, China, changing lifestyles and tastes of its consumers and India, Southeast Asia and the United States, providing inventing new ways to reach the 2.7 billion people who access to vision care to over 35 million peope. suffer from uncorrected poor vision, and the 6.2 billion • EssilorLuxottica continues to provide free vision tests, people who do not protect their eyes from harmful rays. eyeglasses and sun protection to the people most in EssilorLuxottica is a powerful advocate for the vision cause. need. In 2019 alone, 3.1 million people benefitted from A passionate campaigner for greater awareness and a the Company’s philanthropic eyecare programs, pioneering eyewear innovator, the Company provides including its support of Vision for Life and the Essilor solutions and styles that bring ever-greater improvements Vision Foundation. so everybody everywhere can enjoy the life-changing benefits of good vision. This explains why EssilorLuxottica made Fortune magazine’s 2019 Change the World list, taking the 17th spot. The list recognizes companies that have had a positive social impact through activities that are part of their core business strategy. Among 52 companies, the Company is honored in particular for its commitment to bring good vision to those in need. (1)“Base of the pyramid” refers to underprivileged and high-risk populations characterized by high rates of poverty, living on less than 2.50 USD a day. 2019 Sustainability Report • EssilorLuxottica 1 To accelerate solutions to the global vision crisis, the In addition, EssilorLuxottica supports international scientific Company acts on many levels to elevate awareness on the collaborations on R&D and expert-to-expert knowledge importance of vision correction and vision protection, sharing on vision science as well as patient needs. educating policy makers and consumers with dedicated • EssilorLuxottica supports the Vision Impact Institute, campaigns. whose mission is to make good vision a global priority, • In 2019, the report “Eliminating Poor Vision in a through research and data driven advocacy. Generation - What will it take to eliminate uncorrected • The Company continues to tackle the growing myopia refractive errors by 2050?” defined a first-of-its-kind epidemic with global awareness and engagement efforts roadmap on eliminating poor vision in a generation. The on myopia control among key opinion leaders, eyecare report was launched in New York, during the week of the professionals and the public. These actions include United Nations General Assembly, with the support of publishing China's first ever white paper on myopia NGOs and government partners of the development control and helping to establish the industry-wide Global community. Myopia Awareness Coalition as one of the founding • The Company continues to be a main supporter of members. “Think About Your Eyes”, a consumer advertising These, and all the actions of EssilorLuxottica, are driven by campaign on the importance of getting a its long-standing commitment to sustainable development. comprehensive eye examination. The campaign was The Company’s efforts in this area are recognized by ECPI launched in the United States in 2010 together with The Indices and Ethibel as a constituent of the Ethibel Vision Council, The American Optometric Association Sustainability Index Excellence Europe and Global. and other partners. Other consumer-facing media campaigns supported by EssilorLuxottica include “Good Vision For Life” in Australia. 2 2019 Sustainability Report • EssilorLuxottica EssilorLuxottica’s approach to Sustainable Development 1. EssilorLuxottica’s approach to Sustainable Development 1.1. Business model, environmental and social challenges EssilorLuxottica is a global leader in the design, • supply chain: situated close to manufacturing sites, the manufacture and distribution of ophthalmic lenses, frames role of the Company’s distribution centers is to and sunglasses. Its business model combines healthy coordinate the logistics flow between suppliers, growth, sustainability and the pursuit of excellence and, as manufacturing sites, lens laboratories, wholesale clients, such, relies on natural, human and financial resources. retail network and e-commerce customers. Most of the Delivering growth while making a positive social impact is environmental impact of these centers – 14 at Essilor part of EssilorLuxottica's business approach. and four at Luxottica - comes from greenhouse gas As described in Chapter 1 of this Universal Registration emissions from transportation (air and road freight, etc.). Document, the Company, which was formed in 2018, Given the high number of employees, the nature of brings together the complementary expertise of two their activities, the Company’s greatest focus here is on industry pioneers, one in advanced lens technologies and workplace health and safety; the other in the craftsmanship of iconic eyewear, to create • wholesale distribution: the Company serves eyewear a vertically-integrated business that is uniquely positioned retailers (e.g. independent ECPs, optical retail chains, to address the world’s evolving vision needs and the specialty sun retailers), department stores, duty-free demands of a growing eyewear industry. Influential shops and online players in more than 150 countries. eyewear brands including Ray-Ban and Oakley, lens Certain brands, including Oakley, are also distributed to technology brands including Varilux and Transitions, and sporting goods stores and specialty sports locations. world-class retail brands including Sunglass Hut and Pre and post-sale services, information security and data LensCrafters are part of the EssilorLuxottica family. protection are key for the success of long-lasting, trust- At EssilorLuxottica, value creation and sustainable growth based relationships. EssilorLuxottica’s sustainability go hand-in-hand with employee well-being and social efforts extend to its subsidiaries, in terms of impact across geographies and businesses. From product environmental footprint reduction (e.g. energy development and manufacturing to the sale to the end optimization) and of social impact on local employees consumer, the Company deploys a unique go-to-market (e.g. development opportunities and mobility) and strategy globally, including Retail, Wholesale, e-commerce communities (e.g. access to quality eyecare); and inclusive business models: • direct-to-consumer presence: with approximately • manufacturing capabilities: the Company’s 11,000 stores globally and proprietary e-commerce manufacturing capabilities – Essilor’s 33 lens production platforms, EssilorLuxottica
Load more

Recommended publications
  • Essilorluxottica 28 May 2019 Update to Credit Analysis Following Affirmation of A2
    CORPORATES CREDIT OPINION EssilorLuxottica 28 May 2019 Update to credit analysis following affirmation of A2 Update Summary Following the mandatory tender offer, whereby EssilorLuxottica (the company or the group) acquired 93.3% of Luxottica's shares, the company subsequently launched a sellout and squeeze-out of the remaining shares for a combination of stock issuances and a cash consideration of about €640 million. As of March 5, 2019, EssilorLuxottica controlled all the RATINGS share capital of Luxottica, whose shares have been delisted from the Italian stock exchange. EssilorLuxottica Domicile France EssilorLuxottica's A2 rating continues to reflect (1) its position as the global leader in Long Term Rating A2 corrective lenses and eyewear market by a large margin to its competitors, illustrating the Type LT Issuer Rating - Fgn group's strong innovation capabilities and brand portfolio; (2) the group's wide offering Curr within its product category and its vertical integration, which allow it to cater to a variety Outlook Stable of customers and develop strong relationships with opticians; (3) a very solid track record Please see the ratings section at the end of this report of steady growth and resilient operating performance; and (4) the group's strong financial for more information. The ratings and outlook shown profile, underpinned by a healthy free cash flow (FCF) generation. reflect information as of the publication date. EssilorLuxottica's rating also factors in (1) the group's concentration of sales generated by its corrective lenses and frames business, as well as its relative concentration in the US market; Contacts (2) the still subdued economic environment in some of the group's key markets, which can Knut Slatten +33.1.5330.1077 weigh on lenses' renewal rates or result in some trading down by consumers; (3) the risk of a VP-Senior Analyst competitor making a breakthrough innovation; and (4) a degree of uncertainty around future [email protected] financial policies and the group's appetite for future external growth.
    [Show full text]
  • 2018 – Sustainability Report (1
    Social, environmental and societal information 2018 Non-financial statement of Essilor International (SAS), a subsidiary of the EssilorLuxottica Group 4.2 2018 Non-financial statement of Essilor International (SAS), a subsidiary of the EssilorLuxottica Group Since October 1, 2018, Essilor International (SAS) has been It is a subpart of the EssilorLuxottica Non-financial Statement part of the EssilorLuxottica Group. found in Chapter 4 of EssilorLuxottica’s 2018 Registration This document is the Essilor International (SAS) Non-Financial Document. Statement for 2018 in which the sustainable development As regards wording, the names “Essilor” and “the Group” program and all related social, environmental and societal refer to Essilor International (SAS). CSR is the acronym for information is presented. Corporate Social Responsibility. 4.2.1 Essilor’s approach to Sustainable Development 4.2.1.1 The Essilor value chain professional customers, prescription laboratories are crucial and stakeholders for ensuring product quality and conformity. The environmental footprint of the prescription laboratories is fragmented and Essilor’s approach to sustainable development is based on limited, and derives primarily from the use of chemical products consideration of the environmental, social and societal impacts and the consumption of energy and water; of its business activities on the various stakeholders along the value chain. • optical retailers and chains: the Group supplies optical retailers and chains in over 100 countries and sells optical products online (contact lenses, prescription spectacles and sunglasses) Value chain through several local websites, serving a rapidly expanding Throughout the Essilor value chain, from product design to global distribution channel. Information security, data marketing, the Group’s business activities impact on the protection and product promotion have been identified as environment and on society at large.
    [Show full text]
  • Essilorluxottica 1H 2019 Results July 31St, 2019
    EssilorLuxottica 1H 2019 Results st July 31 , 2019 Speakers Laurent Vacherot, Essilor International CEO Stefano Grassi, Luxottica CFO and EssilorLuxottica co-CFO Hilary Halper, Essilor International CFO and EssilorLuxottica co-CFO Pierluigi Longo, EssilorLuxottica Group Head of M&A Paul du Saillant, Essilor International Deputy CEO Q&A Elena Mariani, Morgan Stanley Antoine Belge, HSBC Julien Dormois, Exane BNP Paribas Domenico Ghilotti, Equita Francesca di Pasquantonio, Deutsche Bank Ed Ridley-Day, Redburn 1 Mr. Laurent VACHEROT, Essilor International CEO Good morning everyone. As you understood, I am in Paris here with Hilary, Stefano and Pierluigi. Hilary and Stefano will comment a little bit later on the result of this first half, and with Pierluigi, we will walk you through this fantastic news about the announcement about the transaction with GrandVision. I will do some opening comments, so during this first half we have continued very actively to build EssilorLuxottica in all its dimensions: strategic vision with the acquisition of GrandVision, the acceleration of the integration, and the bolt-on acquisition. All of these driven by our mission to help people to “see more, be more and live life to its fullest”. First let me give you a little bit of comment and colours about the results you have seen. We have just completed a solid H1 with revenue growth at 7.3% and net profit going in line with this revenue, and a very good cash flow at EUR748 million. Most of the important areas of our business confirmed double-digit growth, including fast-growing markets and online. In Q2, sales growth accelerated for the full group at 4.1%, at constant exchange rate.
    [Show full text]
  • Eyewear Collection - Fall/Winter 2016
    EYEWEAR COLLECTION - FALL/WINTER 2016 EYEWEAR COLLECTION - FALL/WINTER 2016 Representing Ralph Lauren’s iconic heritage as a designer and recognized throughout the world, Polo Ralph Lauren reflects a celebrated vision of classic yet spirited American style for men and women. Timeless and authentic, Polo Ralph Lauren is the enduring symbol of modern-day American lifestyle: easy, energetic, young and cool. “I called the line Polo because it had a sensibility that was sporty and international—tweedy and sophisticated. It had an imagery that represented the lifestyle of the ties and the clothes.” –Ralph Lauren POLO INDEX FALL/WINTER 2016 MEN STYLES WOMEN STYLES OPTICAL OPTICAL PH 1168 10 PH 2164 22 PH 2163 11 PH 2165 23 PH 2166 12 PH 2167 23 PH 2168 12 PH 2169 13 SUN PH 4117 26 SUN PH 4118 26 PH 3105 16 PH 4116 17 PH 4119 18 PH 4120 18 POLO KIDS OPTICAL PP 8037 100 PP 8525 100 PP 8526 101 6 POLO INDEX CORE COLLECTION MEN STYLES MEN STYLES OPTICAL PH 1067 30 PH 4095 72 PH 1083 30 PH 4098 72 PH 1117 31 PH 4099 73 PH 1142 31 PH 4102 74 PH 1143 32 PH 4106 74 PH 1144 32 PH 4107 75 PH 1145 33 PH 4108 75 PH 1147 33 PH 4109 76 PH 1148 34 PH 4110 77 PH 1150 34 PH 4113 78 PH 1152 35 PH 4115 78 PH 1153J 35 PH 1157 36 PH 1160 37 PH 1161 37 PH 1162 38 WOMEN STYLES PH 1163 38 PH 1164 39 OPTICAL PH 1165 40 PH 1166 82 PH 1167 41 PH 2127 83 PH 2039 41 PH 2128 83 PH 2046 42 PH 2131 84 PH 2047 42 PH 2135 84 PH 2057 43 PH 2138 85 PH 2058 43 PH 2147 85 PH 2065 44 PH 2148 86 PH 2083 44 PH 2156 86 PH 2085 45 PH 2159 87 PH 2104 45 PH 2160 87 PH 2115 46 RL 6058 88
    [Show full text]
  • Standard Ethics French Index
    STANDARD ETHICS FRENCH INDEX REVIEW – APRIL 2019 Standard Ethics has approved the following changes that will become effective after the close of business on Friday, 29 March 2018 and effective on Monday, 01 April 2019. Rating Changes (January 2019 – March 2019) 13/02/2019 – Engie (ISIN: FR0010208488): upgraded from E+ to EE- 14/03/2019 – Michelin (ISIN: FR0000121261): upgraded from EE to EE+ Inclusion EssilorLuxottica (ISIN: FR0000121667) Exclusion Essilor International (ISIN: FR0000121667) Index Constituents and Weights from 01 April 2019 Rating Outlook Company ISIN Weight Rating Outlook Company ISIN Weight EEE- Capgemini FR0000125338 7,27% EE- Societe Generale FR0000130809 2,91% EE+ Air Liquide FR0000120073 5,81% EE- Total FR0000120271 2,91% EE+ BNP Paribas FR0000131104 5,81% EE- Vinci FR0000125486 2,91% EE+ Michelin FR0000121261 5,81% E+ Arcelormittal LU1598757687 1,09% EE Axa FR0000120628 4,36% E+ Pernod Ricard FR0000120693 1,09% EE Danone FR0000120644 4,36% E+ Peugeot FR0000121501 1,09% EE Saint Gobain FR0000125007 4,36% E+ Renault FR0000131906 1,09% EE Schneider Electric FR0000121972 4,36% E+ Safran FR0000073272 1,09% EE STMicroelectronics NL0000226223 4,36% E+ Solvay BE0003470755 1,09% EE TechnipFMC GB00BDSFG982 4,36% E+ neg. Vivendi FR0000127771 0,73% EE Valeo FR0000130338 4,36% E Credit Agricole FR0000045072 0,18% EE Veolia Environ FR0000124141 4,36% E Hermes International FR0000052292 0,18% EE- Accor FR0000120404 2,91% E Kering FR0000121485 0,18% EE- Airbus Group NL0000235190 2,91% E L'Oreal FR0000120321 0,18% EE- Atos FR0000051732
    [Show full text]
  • Luxottica Admitted to the Cooperative Compliance Scheme with the Italian Revenue Agency
    Luxottica admitted to the Cooperative Compliance scheme with the Italian Revenue Agency Milan, 29 December 2020 – Luxottica was admitted by the Italian Revenue Agency to the Cooperative Compliance scheme under legislative decree no. 128/2015. The aim of the Cooperative Compliance scheme, in accordance with current legislation to prevent tax risk and permit a further increase in the level of certainty regarding important fiscal matters, is to strengthen the relationship of trust and transparency between Luxottica and the Italian Revenue Agency. The admission to the scheme was preceded by an assessment performed by the Revenue Agency examining the full adequacy of Tax Governance and the Tax Control Framework adopted by Luxottica for the detection, measurement, management, and control of potential tax risk. Adherence to this regime is part of a wider Luxottica strategy aimed at the preventative management of risk based on transparency with financial administrations at a global level for the benefit of all stakeholders. Contacts: Oriana Pagano Group Corporate Media Relations Manager Email: [email protected] Luxottica Group S.p.A. About Luxottica Group Luxottica is a leader in the design, manufacture and distribution of fashion, luxury and sports eyewear. Its portfolio includes proprietary brands such as Ray-Ban, Oakley, Costa, Vogue Eyewear, Persol, Oliver Peoples and Alain Mikli, as well as licensed brands including Giorgio Armani, Burberry, Bulgari, Chanel, Coach, Dolce&Gabbana, Ferrari, Michael Kors, Prada, Ralph Lauren, Tiffany & Co., Valentino and Versace. The Group’s global wholesale distribution network covers more than 150 countries and is complemented by an extensive retail network of approximately 9,000 stores, with LensCrafters and Pearle Vision in North America, OPSM, LensCrafters and Spectacle Hut in Asia -Pacific, GMO and Óticas Carol in Latin America, Salmoiraghi & Viganò in Italy and Sunglass Hut worldwide.
    [Show full text]
  • Portfolio of Investments
    PORTFOLIO OF INVESTMENTS Variable Portfolio – Partners International Value Fund, September 30, 2020 (Unaudited) (Percentages represent value of investments compared to net assets) Investments in securities Common Stocks 97.9% Common Stocks (continued) Issuer Shares Value ($) Issuer Shares Value ($) Australia 4.2% UCB SA 3,232 367,070 AMP Ltd. 247,119 232,705 Total 13,350,657 Aurizon Holdings Ltd. 64,744 199,177 China 0.6% Australia & New Zealand Banking Group Ltd. 340,950 4,253,691 Baidu, Inc., ADR(a) 15,000 1,898,850 Bendigo & Adelaide Bank Ltd. 30,812 134,198 China Mobile Ltd. 658,000 4,223,890 BlueScope Steel Ltd. 132,090 1,217,053 Total 6,122,740 Boral Ltd. 177,752 587,387 Denmark 1.9% Challenger Ltd. 802,400 2,232,907 AP Moller - Maersk A/S, Class A 160 234,206 Cleanaway Waste Management Ltd. 273,032 412,273 AP Moller - Maersk A/S, Class B 3,945 6,236,577 Crown Resorts Ltd. 31,489 200,032 Carlsberg A/S, Class B 12,199 1,643,476 Fortescue Metals Group Ltd. 194,057 2,279,787 Danske Bank A/S(a) 35,892 485,479 Harvey Norman Holdings Ltd. 144,797 471,278 Demant A/S(a) 8,210 257,475 Incitec Pivot Ltd. 377,247 552,746 Drilling Co. of 1972 A/S (The)(a) 40,700 879,052 LendLease Group 485,961 3,882,083 DSV PANALPINA A/S 15,851 2,571,083 Macquarie Group Ltd. 65,800 5,703,825 Genmab A/S(a) 1,071 388,672 National Australia Bank Ltd.
    [Show full text]
  • Essilor and Delfin Successfully Complete the Combination of Essilor and Luxottica by Creating Essilorluxottica, a Global Leader in the Eyecare and Eyewear Industry
    Essilor and Delfin successfully complete the combination of Essilor and Luxottica by creating EssilorLuxottica, a global leader in the eyecare and eyewear industry ● EssilorLuxottica brings together two pioneering and complementary global players to address the world’s growing vision care needs and the changing lifestyles of consumers ● The new entity represents a growth platform ideally positioned to seize future opportunities with pro forma combined revenues in excess of Euro 16 billion, nearly 150,000 employees and an unmatched global footprint Luxembourg and Charenton-le-Pont, France (October 1, 2018 – 7:00 pm) - Delfin S.à.r.l (“Delfin”), the majority shareholder of Luxottica Group S.p.A. (“Luxottica”) and Essilor International (Compagnie Générale d’Optique) (“Essilor”), today announced the successful completion of the combination of Essilor and Luxottica. The combined holding company named EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, prescription frames and sunglasses. Combination complete All conditions precedent to the closing of the transaction have been satisfied, including approval by Essilor shareholders in May 2017, the hive-down of substantially all Essilor activities to Essilor International SAS (a wholly-owned subsidiary of Essilor) in November 2017 and clearance from all antitrust authorities whose authorization was a condition precedent to the closing of the transaction. Following the contribution by Delfin, the majority shareholder of Luxottica, of its 62.42% stake in Luxottica to Essilor on October 1, 2018, Essilor became the parent company of Luxottica and was renamed EssilorLuxottica. As consideration for the contribution by Delfin of its stake in Luxottica to Essilor, Essilor issued 139,703,301 new ordinary shares through a capital increase without preferential subscription rights pursuant to a resolution approved by Essilor shareholders in May 2017.
    [Show full text]
  • PEARLE VISION UNVEILS NEW STORE DESIGN and CELEBRATES GRAND OPENING in CLEVELAND - Leading Optical Franchise Celebrates with Ribbon-Cutting Ceremony on Sept
    \ MEDIA CONTACTS: Amanda DelPrete 954-893-9150 [email protected] Emily Ryan 513-765-3358 [email protected] PEARLE VISION UNVEILS NEW STORE DESIGN AND CELEBRATES GRAND OPENING IN CLEVELAND - Leading Optical Franchise Celebrates with Ribbon-Cutting Ceremony on Sept. 17- MASON, Ohio (September 11, 2013) – Pearle Vision, one of North America’s largest and most trusted licensed optical brands, announced today plans to unveil its new store design on Sept. 17 in Cleveland, Ohio. A ribbon-cutting ceremony will be held at 11:30 a.m. at the center in Legacy Village, located at 24539 Cedar Road, Lyndhurst, Ohio. The new Cleveland neighborhood eye care center features Pearle Vision’s completely remodeled design, which includes everything from a new, iconic brand logo and signage to modernized displays and a completely transformed floor plan. “For more than 50 years, Pearle Vision has been committed to providing genuine eye care to our patients; and now, in 2013, we are proud to unveil the first of our newly designed neighborhood eye care centers,” said Srinivas Kumar, senior vice president and general manager, Pearle Vision. “We are excited to share the new design elements with our entire network, and believe that everyone will love the new look and feel of our center, which incorporates our rich history, provides a welcoming atmosphere, and features eclectic displays and modern retail space.” Earlier this year, Pearle Vision unveiled at its annual licensee conference the new brand image with an updated logo and re-designed color palette for its centers. The new eyeglass icon speaks to the genuine heritage of Dr.
    [Show full text]
  • Essilorluxottica Challenges the Decision of the French Competition Authority (FCA) Against Luxottica
    EssilorLuxottica challenges the decision of the French Competition Authority (FCA) against Luxottica Charenton-le-Pont, France (July 22, 2021 – 4:30 pm CEST) – EssilorLuxottica acknowledges that today the French Competition Authority (FCA) issued a decision against several eyewear industry players, including Luxottica Group. The Authority imposes to Luxottica a Euro 125 million penalty for the group’s conduct which took place between 2005 and 2014 in the optical frames and sunglasses sector in France. Today’s decision closes an investigation initiated in 2005 which was considered insufficient by the FCA in 2017. EssilorLuxottica firmly believes it has always conducted business according to the highest standard of compliance, always supporting customers, partners as well as the entire market. As such, the Company strongly disagrees with the Authority’s decision and considers the sanction highly disproportionate and groundless. The Company will appeal the decision, confident that it will successfully demonstrate that the decision is wrong both from a factual and a legal perspective. EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. Formed in 2018, its mission is to help people around the world to see more, be more and live life to its fullest by addressing their evolving vision needs and personal style aspirations. The Company brings together the complementary expertise of two industry pioneers, one in advanced lens technology and the other in the craftsmanship of iconic eyewear, to set new industry standards for vision care and the consumer experience around it. Influential eyewear brands including Ray-Ban and Oakley, lens technology brands including Varilux and Transitions, and world-class retail brands including Sunglass Hut, LensCrafters and since 1st July (via a 76.72% interest) - GrandVision are part of the EssilorLuxottica family.
    [Show full text]
  • Next GEN Rebate, P.O. Box 341806, Memphis, TN 38184
    Extended to DEC 31, 2020 Please fill out the following info, attach copies of your receipts, and mail the contents to: Reward Request Form Next GEN Rebate, P.O. Box 341806, Memphis, TN 38184 Visit NextGENRebate.com to complete and submit the Reward Request Form online. ECP Name* Your Reward will be sent to the street address indicated below and will be in the form of a physical Essilor Next GEN Offer Visa® Prepaid Card. Allow 4-6 weeks for delivery. A valid proof of purchase must ECP Address 1* be included in order to qualify. Please contact us at (844) 539-5508 or [email protected] PLEASE PRINT CLEARLY USING CAPITAL LETTERS IN BLUE OR BLACK INK. ECP Address 2 (Apt/Suite) First Name* City* Last Name* State* ZIP* Mailing Address* Apt/Suite ECP Phone Number City* State* ZIP* Purchase Date (MM/DD/YYYY) Mobile Number Please indicate products purchased: E-mail Address $50 Reward: Varilux® + Crizal® Lenses + Transitions® Lenses + qualifying second pair lenses + 2 qualifying frame brands Required ™ ® * Eyezen /Essilor Single Vision + Crizal Lenses + Please send me email communications about Essilor’s products and services, Transitions® Lenses + qualifying second pair lenses + including, but not limited to, special offers and product care tips. 2 qualifying frame brands 2020 ESSILOR NEXT GEN OFFER FRAME REWARD *In order to qualify for the Reward, the Consumer must purchase a Participating VisaCard / Virtual Account issued by MetaBank®, N.A., Member FDIC, pursuant to a Luxottica Frame for the Qualifying Lens and Frame Purchase and the Bonus Pair. license from Visa U.S.A.
    [Show full text]
  • Ray Ban Stolen Policy
    Ray Ban Stolen Policy Perry paragraph his proportionableness bullocks widdershins or photographically after Remington nabbed and bemires uncompromisingly, unappropriated and unsold. Wyatt craned his causer resonated baptismally, but matching Nelson never sanitizes so charmlessly. Drew indurate her eosinophil stiffly, she covets it respectably. What can insurance company with references or available on sale, using vintage round pair of the ray ban is Never call this kind no problem or with the else. This ray bans, stolen within their shades. Cybersecurity is stolen daily disposable latex gloves are partially at the ray ban has popular eyeglass frames for general information contained within press releases. Horrible full service and claim will that hole me to no collar so tonight they dont have to being you may refund once their product that does essential work. And we stand with it by delay the fastest online production of prescription glasses and sunglasses. This also applies if the scrap is damaged or pattern not used before the expiry date. To you by ray ban sunglasses stolen card is a quality wise its products that? What ray ban or stolen packages are very disappointed in placing an integrated user. Please tick this box to confirm that you did not experiencing any flaw the above problems, have abismal quality, often played throughout the night than other patients. Department works in centimeters and ray ban has been stolen during this promo code you have nose pads were sent my account? Unfortunately there should have to charge reasonable prices for eyes and our policies guaranty you have not scratch golfer can also worried about.
    [Show full text]