Italian sunglasses king gifts staff millions
AFP - [email protected] •
20 May, 2015
Updated Wed 20 May 2015 08:34 CEST
The founder of Italian eyewear giant Luxottica is celebrating his 80th birthday by giving the firm's 8,000 employees in Italy shares worth around €9 million ($10 million).
Leonardo del Vecchio, Italy's second richest man thanks to an eyewear brand sported by star designers including Chanel and Giorgio Armani, is gifting his staff 140,000 Luxottica Group treasury shares, the company said on Tuesday.
"A sincere thank you to the Group's employees in Italy, those at the heart of Luxottica's success," Del Vecchio said in a statement.
"With this small gesture, I would like to show how important the employees are to me. I truly feel as if we are a family," he said.
Luxottica, owner of the Ray-Ban and Oakley brands, reported a record profit for 2014 and began 2015 in style, boasting an increase in its first-quarter profit of nearly 34 percent thanks to strong growth sales in North America.
Comments
See Also
Leonardo del Vecchio, Italy's second richest man thanks to an eyewear brand sported by star designers including Chanel and Giorgio Armani, is gifting his staff 140,000 Luxottica Group treasury shares, the company said on Tuesday.
"A sincere thank you to the Group's employees in Italy, those at the heart of Luxottica's success," Del Vecchio said in a statement.
"With this small gesture, I would like to show how important the employees are to me. I truly feel as if we are a family," he said.
Luxottica, owner of the Ray-Ban and Oakley brands, reported a record profit for 2014 and began 2015 in style, boasting an increase in its first-quarter profit of nearly 34 percent thanks to strong growth sales in North America.
Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.
Please log in here to leave a comment.