ITALY: Luxottica Group Q1 Sales Up 30 Per Cent
Sunglasses and eyewear giant Luxottica Group SPA has posted a 30.5 per cent year-on-year climb in first quarter sales to $2.84 million. The company said in a statement it believes profitability at its Sunglass Hut unit will be in line with its LensCrafters business by the end of fiscal 2002.