Luxury Daily
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Accessories

Massive fraud found at eyewear maker EssilorLuxottica’s Thailand factory

December 30, 2019

EssilorLuxottica manufacturing operations. Image credit: EssilorLuxottica EssilorLuxottica manufacturing operations. Image credit: EssilorLuxottica

 

EssilorLuxottica, the world’s No. 1 maker of lenses and frames, said it has discovered fraudulent financial activities at one of its plants in Thailand that could lead to the group taking a $213 million loss to its bottom line.

To read the entire article, please subscribe or