Reported about 6 hours ago
EssilorLuxottica, known for brands like Ray-Ban, is contemplating moving part of its production to the U.S. due to tariffs, as stated by CEO Francesco Milleri. He emphasized the need for careful decision-making regarding the timing and type of manufacturing to relocate. Although some production may be feasible from Thailand and Mexico, he noted challenges associated with workforce capabilities. The company is also exploring acquisitions to enhance its technology and competencies.
Source: YAHOO