Get The Free Sample Complete
SWOT & PESTLE Analysis Report
This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals. We also guarantee that you cannot find matched quality at such competitive and economic pricing.
Get Your Free Summary Copy of the
SWOT & PESTLE Analysis Report
Get the summary SWOT & PESTLE.com report delivered straight to your email inbox for free.
Our insightful and holistic reports have helped corporate,academia and researchers to take their research forward. Like us on Facebook to stay updated with the latest published SWOT & PESTLE Report.

Luxottica Group SWOT & PESTLE Analysis

ID : 52353353| Dec 2019| 15 pages

COMPANY PROFILE -Luxottica Group

Business Sector :Fashion & Lifestyle

Operating Geography :Global

About Luxottica Group :

Luxottica Group is an Italian eyewear corporation serving the customer in premium, luxury and sports eyewear based out of Milan, Italy. It is a market leader in its segment with revenue generated of over €9 billion and a market capitalization of €46 billion. It has over 82,000 employees working all over the globe as of March 2016. The group makes sunglasses as well as prescription frames and boasts off designer brands such as Prada, Chanel, Versace and DKNY. The group also includes brands such as Ray-Ban, Persol and Oakley.

Luxottica Group Revenue :

€9,086 million – FY ending March 2016

Competitive Analysis of Luxottica Group

SWOT
PESTLE
The SWOT analysis for Luxottica Group is presented below:
Strengths
Weaknesses
1. Strong Financial Performance
2. Diverse brand portfolio
3. Market Leader
4. Strong supply and big network
5. Brand image which gives it the freedom for pricing power.
1. Frequent changes in leadership
2. Low investment in R&D
3. Lack of scale
4. Overpricing on majority of the products.
Opportunities
Threats
1. Expansion in Emerging Markets
2. Merger, Acquisitions and Licensing
3. Launch of new products and services
4. Attracting venture capital
1. Counterfeit Goods
2. Rise of E-commerce
3. Government regulations
4. Emerging competition and price war.
SWOT & PESTLE (combined)
Complete Report
USD 12.53
*
  • with PayPal
  • with Debit/Credit card
Great quality, Affordable pricing.
Safe and secure payments

Detailed SWOT Analysis of Luxottica Group

 

Strength

1. Strong Financial Performance: The revenue stands at €9,086 million with a growth of over 25% over the last five years. One trend which can be observed is the continuous growth of the bottom line i.e. the Net Income over the past couple of years. The net income is €851 million with the growth of nearly 6% year on year basis. This increasing trend shows the immense popularity of the brands under the Luxottica group.Income from operating activities increased to €867.9 million an approximate increase of 10.1% from 788.1 million in the first six months of 2016. This substantial improvement in the first 6 months shows group's growth despite the more challenging macroeconomic environment.

2. Diverse brand portfolio: The brand portfolio which has proprietary brands such as Ray-Ban, Oakley, Vogue etc and also licensed brands such as Giorgio Armani, Burberry, Chanel etc is a right mix of elegance and style. The portfolio appeals to many tastes of people and is well balanced between licensed brands and proprietary brands.

3. Market Leader: In January 2017, the company announced a merger with Essilor forming an entity whose market capitalization stands at €46 billion, making it the largest eyewear company in the world. Before the merger, the global market share of Luxottica was 14% and Essilor 13%. The synergy thus formed of two naturally complementary products, frames and lens will come under one roof and look to serve vision needs of 2.5 billion people all over the world. Also, the market share of the combined entity is expected to reach 30% after the merger is completed.

4. Strong supply and big network: An efficient distribution network helps the company to maintain close contact with its consumer as it maximizes visibility of the brand. The distribution mainly comprises of Wholesale chain and Retail chain network. As of December 2016, there were 7158 stores and 819 franchise stores.

The remaining section is available only in the 'Complete Report' on purchase.

Weakness

This section is available only in the 'Complete Report' on purchase.

Opportunity

This section is available only in the 'Complete Report' on purchase.

Threat

This section is available only in the 'Complete Report' on purchase.

SWOT & PESTLE (combined)
Complete Report
USD 12.53
*
  • with PayPal
  • with Debit/Credit card
Great quality, Affordable pricing.
Safe and secure payments

Check Out Analysis of Other Relevant Companies

TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
References used in Luxottica Group Analysis Report

References

1. Luxottica Group Annual Report 2016: https://www.luxottica.com/sites/luxottica.com/files/annual_review_eng_interattivo.pdf

2. Luxottica Group-Half Yearly Report 2017: https://www.luxottica.com/sites/luxottica.com/files/relazione_finanziaria_semestrale_2017_eng.pdf

3. Luxottica Group Annual Review 2016: https://www.luxottica.com/sites/luxottica.com/files/luxottica_group_relazione_finanziaria_annuale_2016_eng_0.pdf

4. Livemint: https://www.livemint.com/Companies/KixA8iLeApfvzDJvyb7GKP/Essilor-Luxottica-combines-share-in-Indias-eyewear-market.html

5. Reuters: https://www.reuters.com/article/us-luxottica-ceo/luxottica-ceo-exits-eyewear-giant-ahead-of-essilor-merger-idUSKBN1E92IB

6. CNN: https://money.cnn.com/2017/01/16/news/companies/glasses-merger-luxottica-essilor/index.html

How to Reference This Page?

You can use the following in your reference section in order to give credit to the source. For different referencing styles and detailed guidelines, please click here.

Luxottica Group SWOT & PESTLE Analysis - SWOT & PESTLE.COM

SWOT & PESTLE.com (2020). Luxottica Group SWOT & PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/luxottica-group/ [Accessed 02 Apr, 2020].

In-text: (SWOT & PESTLE.com, 2020)

Copyrights and Disclaimer

Luxottica Group SWOT and PESTLE analysis has been conducted by Pulkit Mittal and reviewed by senior analysts from Barakaat Consulting.

Copyright of Luxottica Group SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions and Disclaimer for usage guidelines.

You might also like to check out :
Luxottica Group SWOT & PESTLE Analysis
Price : USD 12.53