More about Luxottica's Purchase of Alain Mikli

The renowned British financial paper The Financial Times reports that "Luxottica has been rapidly pressing ahead with an expansion strategy since August, when its owners– a private family company controlled by Luxottica founder Leonardo Del Vecchio – sold €490m worth of shares in order to create additional liquidity. They continue to hold a 62.1 per cent stake. Giorgio Armani, the fashion designer and entrepreneur, also holds a 5 per cent stake in the business." Read more.