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703 KB - Luxottica

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Optical Retail in North America<br />

New optical leadership structure focused on five key priorities<br />

Retail brands<br />

Adjusting messages and offering to “new economy” customers<br />

Higher consistency of in-store service and customers’ experience<br />

Managed Vision Care<br />

More new contracts and strong organic growth with strategic partners<br />

Selective participation in other providers’ panels – opening our stores to more patients<br />

Lenses and manufacturing, leveraging capabilities and partnership<br />

Digital surfacing: still in year one of launch, huge upside<br />

Transitions brand lenses: in-store one hour capability at LensCrafters<br />

Enhancing Rx sun for wrap styles – including Oakley authentics<br />

Ray-Ban Rx lens will be launched soon in all retail stores<br />

Cost structure<br />

Continuing strong push for further efficiencies (rent, sourcing and waste reduction)<br />

Category: educate on the importance of eye health and vision wellness<br />

Partnering with industry to increase category demand<br />

Winning through the cycle<br />

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