News: Luxottica Group SpA (LUX.MI)

LUX.MI on Milan Stock Exchange

58.45EUR
27 Mar 2015
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Wed, Mar 25 2015

Eyewear firm Luxottica's main investor names board candidates

MILAN, March 25 - The controlling shareholder in Italy's Luxottica has announced its list of 13 board nominees as the world's largest eyewear maker works to rebuild investor trust after an abrupt management shake up last year.

Luxottica new CEOs won't step on each others' toes

MILAN - The two chief executives of Italy's Luxottica told investors on Tuesday they would not step on one another's toes, as the world's largest eyewear group seeks to reassure the market over its new governance set-up.

UPDATE 1-Luxottica new CEOs won't step on each others' toes

* Targets mid-to-high single digit sales growth in 2015 (Recasts adding more comments)

Luxottica will continue to pursue acquisitions-CEO

MILAN, March 3 - Italy's Luxottica will not stray away from a consolidated strategy of pursuing acquisitions to boost growth, the new chief executive in charge of markets at the world's largest eyewear group told an analyst meeting on Tuesday.

UPDATE 2-Luxottica cranks up dividends ahead of investor day

* Operating profit in line with forecast (Adds analyst comment)

Luxottica more than doubles dividend payment on 2014 results

MILAN, March 2 - Italy's Luxottica said on Monday it would more than double its dividend payment to 1.44 euros a share, after reporting a 10 percent rise in operating income thanks to strong revenue growth.

Luxottica meets expectations with 5 percent rise in 2014 sales

MILAN - Italian eyewear group Luxottica on Monday reported a 4.6 percent rise in 2014 revenues to 7.65 billion euros ($8.9 billion), in line with market expectations, helped by the strength of its U.S. business.

UPDATE 1-Luxottica meets expectations with 5 pct rise in 2014 sales

MILAN, Jan 19 - Italian eyewear group Luxottica on Monday reported a 4.6 percent rise in 2014 revenues to 7.65 billion euros ($8.9 billion), in line with market expectations, helped by the strength of its U.S. business.

Greek jitters weigh on European shares

* Multi-year lows for euro and crude oil help consumer stocks

Luxottica renews eyewear licence with Tory Burch until end-2024

MILAN, Dec 19 - Italy's Luxottica said on Friday it had renewed until Dec. 31, 2024 its agreement with Tory Burch to manufacture and sell eyewear carrying the U.S. fashion brand logo.

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