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No Pressure: Luxottica Looks to Oakley. (cover story)

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  • المؤلفون: Lee, Jessica C.
  • المصدر:
    Orange County Business Journal. 3/31/2008, Vol. 31 Issue 13, p1-11. 2p.
  • معلومة اضافية
    • الموضوع:
      BRIBERY; LIQUIDATION; SALE of business enterprises; LUXOTTICA Group SpA; SALES; RETAIL industry
    • نبذة مختصرة :
      The article focuses on the growth Luxottica Group SpA payoff from its $2.1 billion buy of Oakley Inc. It is noted that Luxottica looks to Oakley to enhance it to $8.7 billion in sales in 2009. This could be attributed to the help of some company watchers who worry about the decline at Luxottica amidst the slump in the U.S. consumer spending. Its operating income also fall at 8% due to a drop in retail sales before factoring in exchange rates.