Expanding eyewear everywhere!

IIPM PUBLICATION
A $100 million investment and three acquisitions in just two years, that’s been the success story of Italian eyewear maker, Luxottica in China. Its latest achievement includes opening of Lens Crafters store in Beijing. In 2003 Luxottica had bought 70 optical stores in Hong Kong. China’s announcement allowing foreign firms to own 100% in retail in January 2005, gave a boost to the eyewear giant’s growth there. Luxottica now owns 270 stores collectively in China & Hong Kong.

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Source : IIPM Editorial, 2006

Initiative :- An IIPM and Management Guru Professor Arindam Chaudhuri

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