Luxottica Group S.p.A.
|Luxottica Group S.p.A.|
|Market Value||27.636,600 m$|
About Luxottica Group S.p.A.
Luxottica Group S.p.A. is one of the biggest retail companies producing and distributing sun and prescription eyewear. Furthermore Luxottica Group has expanded its portfolio by acquiring some very important brands include Ray- Ban , Oakley , Vogue, Persol, Oliver Peoples, Alain Mikli,Arnette, while its licensed brands include Bvlgari, Burberry, Chanel, Dolce & Gabbana, Donna Karan , Polo Ralph Lauren, Paul Smith , Prada , Stella McCartney, Tiffany , Tory Burch , Versace and Armani.
Engagement in Culture Diplomacy
Since its establishment Luxottica, is closely involved in cultural events . Luxottica for years is supporting donations into the diagnosis, treatment and prevention of genetic diseases, having spent over 300,000 $ so far. Like most of the global enterprises, Luxottica has colleagues and clients come from all over the world and from widely differing cultures. The company uses high technical and stylistic quality to improve the welfare and prosperity and contentment of its customers and at the same time create value for employees and communities in which the Group operates. Luxottica is extremely sensitive on environmental and child labor issues and for this reason the company has taken a series of measures. Firstly, Luxottica is continuously monitoring and reducing the environmental impact and contributing and improving the health of its natural resources where the company operates. In addition, Luxottica strives to guarantee ethical and responsible behavior on the part of its employees and branches and has drawn an environmental policy and guidelines at Group level. Secondly, Luxottica opposes underage labor and for that reason promotes the safeguarding of workers’ rights and any form of trade union associated in general. Added to the previous, Luxottica as one of the leaders in retail field is taking into consideration its responsibilities by reducing the environmental impact and contributing and improving the health of its natural resources where the company operates.
In terms of hiring criteria, those are based entirely on values, qualifications and dexterities. Age, race, gender or physical disability are not barriers for a successful career in Luxottica.
Luxottica organizes numerous out-of-hours programs and work groups. These are being made by volunteer employees who provide all the necessary training skills and awareness on cultural diversity. This is done to provide opportunities for team building and cohesion between different personalities and cultures that share the same goal within Luxottica.
The company takes initiatives to further support and enhance the culture of diversity by positioning professionals from all over the world as the advisory board team. Furthermore all the employees regardless of race and gender are working within intercultural teams. In addition, there are groups of volunteer employees who provide all the necessary training skills and awareness on cultural diversity matters to make clear that everybody is well embodied to the teams. Last but not least, Luxottica has introduced the Spirit of Diversity Award which goes to the employee who best embodied the meaning of diversity in Luxottica.
Grants and Scholarships
Luxottica offers mentoring programs for students. Every year there will be scholarships assigned to the 4 most outstanding performance. Luxottica long term goal is to build lasting relationships with Cincinnati area schools, near the head offices of Luxottica Retail.
Activities in the Field of Humanitarian Aid
Luxottica is OneSight‘s main sponsor , having offered more than $ 6.5 million for an organization that offers access to eyecare and eyewear in underdeveloped societies around the world. Since 1988 onwards thousands of volunteers have been active contributing to this massive aid. Luxottica shows its fully aware of the current economic situation in Italy and for that reason the company has drawn up an action plan targeted to its employees. More precisely, the company decided not to contribute with money but with a package of aid that consists of health, education, purchasing of consumer goods, offering of goods and services that can have a real impact on daily life.
Supporting Music & Visual Arts
Persol brand as part of Luxottica, invited 8 different talents from the field of dance music, photography, design and less regular categories like spray painting to participate in real challenge. They were asked to create a pair of glasses using their own inspiration and attention to detail.
Supporting Film Industry
Persol over time has linked its brand name with involvement in films and celebrities. Since 1960, Persol eyewear has been used in several Italians movies as well as by many famous artists of that era. In addition, many movie stars have made Persol eyewear their preferred ones.