ANNUAL REPORT 2004 - Luxottica Group

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Launched in California in 1992, Arnette was acquired by Luxottica Group in 1999. Quickly becoming the eyewear of choice for the board sport generation, today it is a symbol of the dynamic, active lifestyle it represents. Arnette’s design captivates, bringing together the supreme comfort and maximum functionality sought after by those drawn to extreme sports. www.arnette.com
Created in 1989, Killer Loop became part of Luxottica Group portfolio in 1999. The Killer Loop brand evolved from a general sports image to a one that is more “urban style”, perfect for any time of the day. Killer Loop is young, metropolitan eyewear, for a dynamic cosmopolitan lifestyle. www.killerloopeyewear.com The REVO brand was created in 1985 and acquired by Luxottica Group in 1999. REVO revolutionized the world of sunglasses introducing for the first time in 1985 the best sunglass lens technology, along with a cultivated design and strong personality, able to transcend seasonal styles. It is not by chance that REVO is short for “revolution”. Models in the REVO collection feature multi-layer coated lenses equipped with the exclusive Light Management System (LMS), a technology developed by NASA for satellite portholes, guaranteeing perfect vision and maximum protection from the harmful rays of the sun. The LMS system is exclusive to REVO sunglasses, also available with a polarized filter. www.revo.com
Page 1 and 2: ANNUAL REPORT 2004
Page 7 and 8: ANNUAL REPORT 2004 PROFILE OF LUXOT
Page 9 and 10: PROFILE OF LUXOTTICA GROUP QUARTERL
Page 15 and 16: LUXOTTICA GROUP IN 2004 to have dir
Page 17 and 18: LUXOTTICA GROUP IN 2004 Luxottica G
Page 21 and 22: DISTRIBUTION As for the performance
Page 23 and 24: DISTRIBUTION focused on the relatio
Page 25 and 26: DISTRIBUTION capacity, a direct pre
Page 29 and 30: CHANGE YOUR VIEW
Page 31 and 32: www.vogue-eyewear.com
Page 34 and 35: Making its debut in 1926, Persol wa
Page 38 and 39: The Sferoflex brand was acquired by
Page 40 and 41: DISTRIBUTION LICENSE BRANDS 39
Page 42 and 43: The Byblos brand has been licensed
Page 44 and 45: The Miu Miu brand was created in 19
Page 46 and 47: Sergio Tacchini, ever synonymous wi
Page 50 and 51: DISTRIBUTION Today, Luxottica Group
Page 52 and 53: VERTICAL INTEGRATION Over the decad
Page 54 and 55: Over the years, Luxottica Group has
Page 56 and 57: WHOLESALE BRAND PORTFOLIO Luxottica
Page 58 and 59: Give the Gift of Sight is a Luxotti
Page 62 and 63: In accordance with U.S.GAAP (1) 200
Page 64 and 65: MANAGEMENT’S DISCUSSION AND ANALY
Page 66 and 67: expenses, thanks to economies of sc
Page 68 and 69: This information is being provided
Page 70 and 71: The swap will expire on June 17, 20
Page 74 and 75: (1) Except for earnings per share (
Page 76 and 77: (1) 1 ADS = 1 ordinary share. (2) C
Page 78 and 79: with the procedure set forth by it,
Page 80 and 81: CORPORATE GOVERNANCE Set out below
Page 82 and 83: - Sergio Erede - Sabina Grossi: Mem
Page 84 and 85: INTERNAL AUDIT COMMITTEE The commit
Page 86 and 87:
3. the Chief Financial Officer, the
Page 88 and 89:
STOCK OPTIONS PLANS At the Extraord
Page 90 and 91:
ANNUAL REPORT 2004 LUXOTTICA GROUP
Page 92 and 93:
(1) Through 1998 the Euro/U.S. Doll
Page 94 and 95:
LUXOTTICA GROUP S.P.A. We have audi
Page 96 and 97:
In accordance with U.S. GAAP (1) Tr
Page 98 and 99:
In accordance with U.S. GAAP In tho
Page 100 and 101:
In accordance with U.S. GAAP (1) Tr
Page 102 and 103:
NOTES TO CONSOLIDATED FINANCIAL STA
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Maintenance and repair expenses are
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customers take receipt of products
Page 108 and 109:
In thousands Weighted average share
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The Company recognizes forfeitures
Page 112 and 113:
2. RELATED PARTY TRANSACTIONS FIXED
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In thousands of Euro Assets purchas
Page 116 and 117:
This pro forma financial informatio
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The Company believes that the preli
Page 120 and 121:
(1) Goodwill acquired in 2003 and 2
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Estimated annual amortization expen
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Since fiscal year 2004, for income
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8. LONG-TERM DEBT Long-term debt co
Page 128 and 129:
Excluding current maturities, long-
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OBLIGATIONS AND FUNDED STATUS In th
Page 132 and 133:
The accumulated benefit obligations
Page 134 and 135:
CONTRIBUTIONS U.S. Holdings expects
Page 136 and 137:
The following table sets forth the
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STOCK INCENTIVE PLANS Luxottica Gro
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Years ended December 31 (1) Inter-s
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In thousands of Euro Years ending D
Page 144 and 145:
such higher consideration to all te
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eviewed at the end of January 2004,
Page 148 and 149:
ANNUAL REPORT 2004 KEY CONTACTS AND
Page 150 and 151:
EUROPE LUXOTTICA S.r.l. KILLERLOOP
Page 152 and 153:
MIDDLE EAST AND FAR EAST LUXOTTICA
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ANNUAL REPORT 2004 - Luxottica Group

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