French eyewear group Essilor said on Tuesday it was confident of securing approval for its $54 billion merger with Italian Luxottica after the EU launched a full-scale probe into its impact on competition.
To mark its centennial, the Italian eyewear label is launching a collector's item. Limited to 200, the handcrafted pairs of Persol's 18-carat gold trimmed aviators will be available at Saks Fifth Avenue.
Chances are your next pair of Ray-Bans or Oakleys could have Intel inside. The world's largest computer chip manufacturer is teaming up with Luxottica, a company that owns some of the world's biggest eyewear brands.
Luxottica, maker of Ray-Ban and Persol sunglasses, could part ways with Chief Executive Andrea Guerra due to disagreements over strategy with founder and chairman Leonardo Del Vecchio, according to sources close to th...