Sponsors
Billabong ▲ +0.015 | PPR ▼ -0.90 | American Apparel - 0 | The Buckle ▼ -0.80 | Columbia ▼ -2.17 | Deckers Outdoor ▼ -1.95 | Dicks ▼ -1.38 | Foot Locker ▼ -1.28 | Genesco ▼ -1.79 | Iconix Brand Group ▼ -1.44 | Jarden Corp ▼ -1.69 | Nordstrom ▼ -1.90 | Luxottica ▼ -2.32 | Nike ▼ -2.04 | Pacific Sunwear ▼ -0.07 | Skullcandy ▼ -0.33 | Sport Chalet - 0 | Urban Outfitters ▼ -0.78 | VF Corp ▼ -1.90 | Quiksilver ▲ +0.003 | Zumiez ▼ -1.20 | Macys ▼ -2.73 | Tillys ▼ -0.29 |
Ticker Sponsor
Readers Say
I require all our executives to read it
I require all our executives to read it

There is no better publication that I am aware of that is so accurate and on top of any news and developments in our industry. I personally recommend it to many people that want to know and understand more about our industry. For the most part, shop-eat-surf.com gets the stories first. As a matter of fact, I require all the executives in our company to read it.

- By Hezy Shaked, President & CEO, Tilly's
Useful on a daily basis
Useful on a daily basis

It's well balanced information that is useful on a daily basis. I'm very satisfied with the Executive Edition. I start each day with SES and a big cup of coffee!

- By Tom Ruiz, EVP Sales, Volcom
Industry Insight

NUORDER: The B2B provider's agenda for Agenda.
NRI: Earns "Freedom-Centered Workplace" certification for third consecutive year.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Oakley bucks recession

By Tiffany Montgomery
October 30, 2009 9:36 AM

Sunglasses are a tough category for many companies in the recession, but apparently not for Oakley.

Parent company Luxottica reported Thursday that Oakley recorded a 9% increase in constant currency revenues in the third quarter ended Sept. 30, including double digit increases in the U.S., Brazil and Canada.

New releases including Jawbone and Fuel Cell were well received, Luxottica reported.

Luxottica results

Net sales: rose 0.9% to Euro $1.2 billion.

Net income: down 20.6% to Euro $83.1 million

Retail sales: increased 1.5% to Euro $793.8 million.

Sunglass Hut comp sales: down 5.6%.

Wholesale sales: down 0.1% to Euro $429.8 million. Sales in Europe and North America improved, with Eastern Europe and Japan were still tough.

 


More on: sales, Oakley, Luxottica

Articles You Might Have Missed