Sponsors
Billabong ▼ -0.020 | PPR ▲ +1.35 | American Apparel ▼ -0.029 | The Buckle ▲ +0.01 | Columbia ▲ +0.06 | Deckers Outdoor ▲ +2.55 | Dicks ▲ +0.12 | Foot Locker ▲ +0.18 | Genesco ▼ -0.02 | Iconix Brand Group ▲ +0.01 | Jarden Corp ▲ +0.85 | Nordstrom ▲ +1.03 | Luxottica ▲ +1.64 | Nike ▲ +1.05 | Pacific Sunwear ▼ 0.00 | Skullcandy ▲ +0.09 | Sport Chalet - 0 | Urban Outfitters ▲ +0.06 | VF Corp ▲ +0.35 | Quiksilver ▲ +0.07 | Zumiez ▲ +0.81 | Macys ▲ +0.45 | Tillys ▼ -0.04 |
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
I waited too long to sign up for Executive Edition
I waited too long to sign up for Executive Edition

I read Shop-Eat-Surf at every opportunity, and I waited too long to sign up for the Executive Edition. It’s timely, relevant and clearly “from the industry, for the industry.

- By Andy Laats, President, Nixon
Industry Insight

FSG LAWYERS: On creative workspace office pros & cons. SDSI: 7 new companies accepted into the Springboard business mentoring program. AGENDA: Registration and travel planning now open for January and February trade shows.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Luxottica pushing into Thailand

By Tiffany Montgomery
May 28, 2008 6:39 AM

Luxottica announced this morning that its Sunglass Hut retail chain is pushing into Thailand.


The company signed a franchise agreement with a local operator for 15 stores. Currently, Sunglass Hut operates 220 stores in include Australia, New Zealand, Hong Kong, Singapore and other Asia Pacific markets.


"The entry into Thailand strengthens our presence in Southeast Asia, a high-potential growth region for the sun retail business," Chris Beer, chief executive officer of Luxottica Group's retail business in the region, said in a statement. "It is also an example of the significant additional opportunities for additional growth that the Group sees for Sunglass Hut both in the region and globally. Specifically, this transaction represents an important step in the development of the Sunglass Hut brand in Asia-Pacific, allowing us to leverage its global attributes while partnering with local expertise to maximize growth opportunities also in new markets."


Luxottica operates 6,200 stores around the world. The closed its acquisition of Oakley in November, 2007.


In April, Luxottica said its integration projects with Oakley are moving quickly and exceeding expectations. The most integration has happened in Europe and emerging markets. Before the acquisition, Oakley had a relatively undeveloped international operation.


Articles You Might Have Missed