{
  "id": 3231637,
  "title": "Essilorluxottica Founder’s Son Quits Management Roles After Reported Rift With CEO",
  "url": "https://urgent.news/2026/08/25/essilorluxottica-founders-son-quits-management-roles-after-reported",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-25T09:27:57.000Z",
  "source": {
    "name": "Business of Fashion",
    "slug": "business-of-fashion",
    "url": "https://www.businessoffashion.com/news/news-analysis/essilorluxottica-founders-son-quits-management-roles-after-reported-rift-with-ceo/"
  },
  "original_language": "en",
  "account": "Leonardo Maria Del Vecchio, son of EssilorLuxottica founder, is stepping down from his roles as chairman of the Ray-Ban brand and chief strategy officer, according to the company. The decision comes amid reports of tensions between Del Vecchio and CEO Francesco Milleri.\n\nThe company has been grappling with environmental, social, and governance (ESG) concerns, which have led to regulatory investigations and fines in multiple countries. While steps have been taken to address these issues, many challenges persist and could continue to burden the company even after its market debut.\n\nAs customer preferences shift away from logo-heavy fashion, independent retailers are discovering innovative ways to emphasize distinctive elements such as unique fabrics and treatments. Additionally, companies are investing in staff training to effectively communicate the craftsmanship and special qualities that set their garments apart.\n\nA Business of Fashion (BoF) analysis previously revealed that hundreds of workers employed by various fashion and beauty companies are utilizing skilled worker visas, highlighting the importance of this workforce in the industry.",
  "summary": "Leonardo Maria Del Vecchio is stepping down as chairman of the Ray-Ban brand and as chief strategy officer, the company said, after reports of tensions with CEO Francesco Milleri.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}