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Luxottica Group Reaches 98.5 Percent Holding in OPSM Group, Starts Compulsory Acquisition of All Remaining Shares

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Luxottica Group Reaches 98.5 Percent Holding in OPSM Group, Starts Compulsory Acquisition of All Remaining Shares ... remaining shares in OPSM Group Limited (ASX: OPS) not already owned by Luxottica Group. On January 4 ... an off-market takeover offer for all the Australian Stock Exchange-listed OPSM Group shares it did ... of OPSM Group shares, which is in excess of the compulsory acquisition threshold. Leonardo Del Vecchio ... by OPSM Group shareholders.” “Today OPSM Group is already a leading optical retailer in Australia ... opportunities for OPSM Group and the entire organization in both the Australian market and the Asia-Pacific

OPSM

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OPSM ... In Australia and New Zealand, Luxottica operates three chains specializing in the prescription segment: OPSM, Australia’s top eyewear brand for luxury and fashion-minded customers; Laubman & Pank, famed for its high-quality assortment and services; and Budget Eyewear, focused on price-conscious ... throughout Australia: 280 OPSM, 131 Laubman & Pank and 89 Budget Eyewear, of which 18 under franchise. OPSM is also the market leader in New Zealand, with 39 corporate-owned stores, mainly in large urban

Luxottica Unveils Future of Retailing at Revolutionary New Concept Store

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, Melbourne. Today’s opening of the first OPSM eye hub store marks the debut of a retail outlet where ... States. “We are confident that our first OPSM eye hub will be a huge success and lead to future ... in the final design and layout. The OPSM eye hub concept store reflects Luxottica’s continuous ... thing about this store is that it will be a unique experience for each customer.” “The OPSM eye hub ... for and serving the customer – what Pearson calls the “care economy.” “What I saw today at OPSM eye

Laubman & Pank

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In Australia and New Zealand, Luxottica operates three chains specializing in the prescription segment: OPSM, Australia’s top eyewear brand for luxury and fashion-minded customers; Laubman & Pank, famed for its high-quality assortment and services; and Budget Eyewear, focused on price-conscious ... throughout Australia: 280 OPSM, 131 Laubman & Pank and 89 Budget Eyewear, of which 18 under franchise. OPSM is also the market leader in New Zealand, with 39 corporate-owned stores, mainly in large urban

Budget Eyewear

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In Australia and New Zealand, Luxottica operates three chains specializing in the prescription segment: OPSM, Australia’s top eyewear brand for luxury and fashion-minded customers; Laubman & Pank, famed for its high-quality assortment and services; and Budget Eyewear, focused on price-conscious ... throughout Australia: 280 OPSM, 131 Laubman & Pank and 89 Budget Eyewear, of which 18 under franchise. OPSM is also the market leader in New Zealand, with 39 corporate-owned stores, mainly in large urban

Clips 19-03-10

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Luxottica Group Net Sales for Fiscal Year 2004 Up Year-Over-Year by 14.1 percent

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LensCrafters to Sunglass Hut to OPSM Group, performed well above industry trends, especially in terms ... 2003 the Group acquired control of OPSM Group, the leading eyewear retailer in Australia ... comparative information for the two periods discussed, aligning the consolidation periods of OPSM Group and Cole National for both years 2003 and 2004. They reflect the consolidation of OPSM Group results ... to be indicative of the actual result that would have been achieved had the OPSM Group acquisition been

Chris Beer

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Chris Beer became Chief Operating Officer of Luxottica Optical Retail Australasia in February 2009. Previously, he held the position of Chief Operating Officer of Asia-Pacific and China retail operations of Luxottica Group, from 2003, having had 22 years of experience with the OPSM Group (later acquired by Luxottica). He held senior executive positions in sales and operations before being appointed International HR Manager for the OPSM Group in 1999 and General Manager Retail for OPSM Australia

chris_beer

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History

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Sunglass Hut (2002), the world’s biggest distributor of premium sunglasses, OPSM Group (2003), the no. 1 optical player in the Asia-Pacific region and owner of the OPSM, Laubman & Pank and Budget

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