News: Luxottica Group SpA (LUX.MI)

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Mon, Apr 29 2013

UPDATE 1-Luxottica sees better Q2 on luxury eyewear demand

MILAN, April 29 - Italy's Luxottica expects sales of its fashion sunglasses to grow faster in the second quarter after demand from emerging markets helped revenues in the first three months meet forecasts despite a recession in southern Europe.

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Luxottica CEO sees better Q2 on luxury sunglasses sales

MILAN, April 26 - Italy's Luxottica, the world's biggest premium eyewear maker by revenues, expects revenue growth to accelerate in the second quarter as it reaps benefits from sales of luxury brands, including the Armani licence.

Luxottica sees double-digit high-end growth in 2013

MILAN, April 26 - Italy's Luxottica expects sales of its fashion sunglasses to grow double-digit in 2013 after demand for luxury goods from emerging markets helped first-quarter sales meet expectations.

Luxottica raises dividend on emerging market boost

MILAN, Feb 28 - Luxottica raised its cash dividend and said it expected sales of its fashion sunglasses to grow double-digit this year as it expands its retail presence in Latin America and Asia.

Italy's Luxottica sees strong start to the year

MILAN, Jan 29 - Italy's Luxottica, the world's biggest premium eyewear maker by sales, said sales at the start of 2013 showed positive trends after strong demand in North America helped sales to meet forecasts last year.

Moscot and Warby Parker: How two small eyewear companies saw their way to success

U.S. Census figures don't lie: About 59 percent of retail businesses started by 2005 were gone by 2010. And in the eyewear business, the odds are especially difficult as one major company, Luxottica, dominates the manufacturing and distribution market. (The Italian company owns Oakley, Ray-Ban and Persol, along with Sears Optical and Lenscrafters.)

Luxottica renews Prada license deal

MILAN, Dec 5 - Italian eyewear maker Luxottica has renewed its license deal with luxury goods group Prada to the end of 2018, the two companies said on Wednesday.

Luxottica buys France's Alain Mikli for 90 million euros

MILAN - Italy's Luxottica , the world's biggest premium eyewear maker, said on Friday it had signed a deal to buy French luxury eyewear maker Alain Mikli for around 90 million euros ($117 million).

Luxottica buys France's Alain Mikli for 90 mln euros

MILAN, Nov 30 - Italy's Luxottica, the world's biggest premium eyewear maker, said on Friday it had signed a deal to buy French luxury eyewear maker Alain Mikli for around 90 million euros ($117 million).

Luxottica to take minority stake in Salmoiraghi & Vigano

MILAN, Nov 27 - Italy's Luxottica, the world's biggest premium eyewear maker, will spend 45 million euros to become a minority shareholder in optical retailer Salmoiraghi & Vigano.

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