Luxottica’s growth push

Source: Bloomberg, Feb 2011

The owner of the Ray-Ban and Oakley sunglasses brands generates about 60 percent of its sales in North America and has tripled sales in emerging markets in the past six years.

Luxottica today reported a 34.5 percent increase in 2010 net income to 402.2 million euros ($555 million), in line with the forecast it reiterated last month. The Italian company, which also makes eyewear under license for Prada and Chanel, reported on Jan. 24 that sales rose 14 percent last year to 5.8 billion euros.

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