Sponsors
Billabong ▲ +0.015 | PPR ▼ -0.40 | American Apparel ▲ +0.014 | The Buckle ▲ +0.16 | Columbia ▲ +0.95 | Deckers Outdoor ▲ +0.92 | Dicks ▼ -0.44 | Foot Locker ▼ -0.38 | Genesco ▲ +0.70 | Iconix Brand Group ▲ +0.08 | Jarden Corp ▼ -0.46 | Nordstrom ▼ -0.19 | Luxottica ▲ +0.55 | Nike ▲ +0.08 | Pacific Sunwear ▼ -0.06 | Skullcandy ▼ -0.02 | Sport Chalet - 0 | Urban Outfitters ▲ +0.15 | VF Corp ▲ +0.64 | Quiksilver ▲ +0.10 | Zumiez ▼ -0.11 | Macys ▼ -0.10 | Tillys ▼ -0.02 |
Ticker Sponsor
Readers Say
In touch with our business
In touch with our business

If you're not plugged into Shop-Eat-Surf.com daily, you're out of touch with our business!

- By Peter "PT" Townend, The ActivEmpire
Great insight into the issues
Great insight into the issues

I am a big fan of Tiffany and her team as well as an avid reader of Shop-Eat-Surf. I shop, I eat, I surf -- I should pay.

- By Kevin Bailey, President, Vans
Industry Insight

SDSI recaps FundSource OR success. Four reasons for B2B companies to embrace ecomm from NuORDER.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Oakley, Sunglass Hut Q3 results

By Tiffany Montgomery
October 29, 2012 6:45 AM

 

I’m catching up on the third quarter earnings released last week by Luxottica, the parent company of Oakley, Sunglass Hut and many other brands and retail chains.

 

In its investor presentation, the company provided some details about Oakley’s performance during the quarter.

 

Overall, Oakley’s sales rose double digits globally, with an 8% increase in wholesale sales in North America in U.S. dollars. In Europe, Oakley sales rose double digits.

 

Oakley retail comps in North America jumped 11.4%.

 

Sunglass Hut, the major sunglass retail player globally, recorded an 8.8% increase in retail comps overall. In the U.S., Sunglass Hut comps rose 8.4%.

 

Luxottica

Overall, Luxottica net sales rose 6.7% in constant currency to EUR 1.8 billion. Net income rose 30.6% to EUR 138.6 million.

 

Luxottica recorded high, single-digit sales growth in Europe. Sales in Spain turned positive, while sales in Italy were nearly flat, the company said.

 

Business was strong in Continental and Northern Europe, with France, Germany, the UK and the Nordics up double digits.

 

 

 


Articles You Might Have Missed