MILAN — Italy’s Luxottica SpA, the world’s leading maker of eyewear, on Thursday said adjusted net profit in 2013 jumped 10.3 percent at current exchange, and said the board would suggest paying a 308 million euro, or $409.6 million, dividend to shareholders.
The payout would be equal to about 50 percent of Luxottica’s reported adjusted net income of 617.3 million euros, or $821 million — a result which, among other factors, followed strong sales growth in emerging markets and an excellent performance in the North American wholesale channel.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"