The report is available in the “Investors/Annual Reports And Publications/SEC FILINGS & 20-F” section of the Company’s website www.luxottica.com, from its registered office, on the authorized “eMarketStorage” platform available at www.emarketstorage.com, and on the SEC website (www.sec.gov). Such forward-looking statements are based upon management’s current expectations and are subject to a significant business, economic and competitive risks, uncertainties and contingencies, many of which are unknown and many of which Essilor and Luxottica are unable to predict or control. This communication includes forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 4 Annual Report 2017 ContCoe The share price development is a reflection of the trust shown to us by our investors. The company also provides frames. Efforts to improve execution at LensCrafters and the curtailing of promotional activities affected sales, in particular at Sunglass Hut and Oakley, and impacted overall retail results in the quarter (+1.3% at current exchange rates, -2.3% at constant exchange rates(2)). 58/98. March 27, 2017 . 2017 REGISTRATION DOCUMENT & ANNUAL FINANCIAL REPORT. The wholesale business grew by 2.5% compared to the first three months of 2016 (unchanged at constant exchange rates(2)), despite the stricter commercial policies Luxottica implemented in North America and China. Luxottica Group S.p.a. SEC Form 6-K Filed April 28, 2017: Report of foreign private issuer pursuant ... Last Updated February 3, 2020 at 10:35 AM EST. Both the Wholesale and Retail divisions contributed to quarterly positive results. wear. The audio webcast will be available to the financial community and the media from Luxottica Group’s corporate website at http://www.luxottica.com/en/investors/results-and-presentations/webcasts. oliverpeoples.com. Milan (Italy), April 28, 2017 — The Board of Directors of Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, met today to review the consolidated net sales for the first quarter of 2017 in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board. LUXOTTICA GROUP S.p.A. Piazzale Cadorna 3, MILAN, 20123 ITALY (Address of principal executive office) LUXOTTICA GROUP S.p.A. Piazzale Cadorna 3, MILAN, 20123 ITALY (Address of principal executive office) The 2017 accounts are adjusted for non-recurring items related, on one hand, to expenses associated with the proposed combination with Luxottica and, on the other hand, to the positive effects of tax changes in the United States and France. While this had a negative impact on first quarter net sales, it was less significant than initially projected and is set to positively affect the Group’s income statement results. Comparable store sales(3), negative in the period, were the result of a series of commercial decisions aimed at enhancing brand equity and sharply reducing discounts and promotional periods across the Group’s retail network. In 2016, it was reported that Luxottica had lost its third chief executive in a year and a half as Adil Mehboob-Khan stepped down a year after he replaced Cavatorta. In Australia, positive results were driven primarily by OPSM’s excellent performance stemming from new assortment policies introduced in 2016 along with the ability to attract consumers through the quality of in-store eye-exams. Discover Luxottica's financial highlights. Luxottica Group is a leader in premium, luxury and sports eyewear with over 7,400 optical and sun retail stores in North America, Asia-Pacific, China, South Africa, Latin … Alain Mikli International SA designs, manufactures, and markets eye and sun glasses. The Group’s global wholesale distribution network covers more than 150 countries and is complemented by an extensive retail network of approximately 8,000 stores, with LensCrafters and Pearle Vision in North America, OPSM and LensCrafters in Asia-Pacific, GMO in Latin America, Salmoiraghi & Viganò in Italy and Sunglass Hut worldwide. 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