A Review of Luxottica and Wacoal

Luxottica Group (LUX) and Wacoal (WACLY) operate in the personal goods sector.

1. Luxottica Group(LUX):

Milan, Italy-based Luxottica is the maker of prescription frames and sunglasses. From the corporate site:

“With net sales of euro €5.2 billion, 61,000 employees and a solid global presence, Luxottica leads the world in premium, luxury and sports eyewear.”

Retail sales acocunt for 60% and wholesale for 40%. Net sales in North America amounts to 59% with the rest in parts of the world.Some of the brands owned and licensed by the company include Ray-Ban, the world’s best known sun brand, Oakley, Vogue, Persol, Oliver Peoples, Arnette and REVO, Bvlgari, Burberry, Chanel, Dolce & Gabbana, Donna Karan, Polo Ralph Lauren, Prada, Salvatore Ferragamo, Tiffany and Versace. In North America the company owns over 900 LensCrafters stores.

In third quarter 2009, the net income was $118.9M from a revenue of $1.75B.

 2. Wacoal Holdings (WACLY):

Japanese company Wacoal Holdings through its “subsidiaries and affiliated companies, is engaged in the manufacture, wholesale and direct sales to consumers (for some products) of intimate apparel (mainly women’s foundation garments, lingerie, nightwear and children’s underwear), outerwear, sportswear, and other textile products and accessories.”

Leave a Reply

Your email address will not be published. Required fields are marked *