Who Is The Owner Of Vecchio Brand? Unlocking The Legacy

Claudio Del Vecchio is one of six children of Leonardo Del Vecchio, who was the chairman of EssilorLuxottica, the world’s largest eyeglasses firm. He passed away in 2022. Claudio inherited a 12.5% stake in his father’s Luxembourg-based holding company, Delfin, after his father’s passing. He shares this inheritance with his stepmother and six siblings.

The Vecchio brand is actually a part of the Luxottica group, which is a major player in the eyewear industry. Leonardo Del Vecchio, a visionary entrepreneur, founded Luxottica in 1961. He started the company with a small workshop in Agordo, a small town in the Italian Dolomites. Luxottica quickly became a leader in the design, manufacture, distribution, and retail of eyewear. The company’s success was built on a foundation of innovation, quality, and a deep understanding of the needs of the consumer.

Through the years, Luxottica acquired other eyewear companies, including Ray-Ban, Oakley, and Persol. In 2018, Luxottica merged with Essilor, a French lens manufacturer, to create EssilorLuxottica. This merger resulted in a global eyewear powerhouse. The company’s portfolio includes a wide range of brands and products, from sunglasses to prescription glasses.

Claudio Del Vecchio is one of the heirs to this legacy. His inheritance of a significant stake in Delfin positions him as a key figure in the future of EssilorLuxottica. However, the ownership structure of EssilorLuxottica is complex, with shares held by various individuals and entities. It is important to note that while Claudio Del Vecchio holds a significant stake, he is not the sole owner of the Vecchio brand or EssilorLuxottica. The company’s success is a result of the combined efforts of its shareholders, management team, and employees.