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Asked by: Louella Nistri
technology and computing wearable technologyIs Gucci owned by Luxottica?
No. Luxottica does not own theGucci brand, nor do they manufacture Gucci eye wear.The Gucci brand is owned by the French luxury goodsprovider, The Kering Group.
Similarly, you may ask, what brands are owned by Luxottica?
As a vertically integrated company, Luxotticadesigns, manufactures, distributes and retails its eyewearbrands, including LensCrafters, Sunglass Hut, Apex bySunglass Hut, Pearle Vision, Sears Optical, Target Optical, Eyemedvision care plan, and Glasses.com. Its best known brands areRay-Ban, Persol, and Oakley.
Also Know, who owns Gucci eyewear?
French luxury goods group Kering, which ownsGucci, has turned a 350 million euro ($434 million)Gucci license with Safilo into a four-year production dealand set up its own eyewear business to better controldistribution and pocket rich profit margins.
Luxottica, the Milan-based sunglassesmega-conglomerate that owns brands such as Oakley andRay-Ban has announced it has entered into a merger agreement valuedat $49 billion with Essilor, the French parent company ofCosta Del Mar (among other brands). For more details, seethis New York Times story.