NEW YORK — A small U.S.-dollar sales gain bolstered by favorable currency exchange rates allowed Luxottica Group SpA’s bottom line to grow by more than a third in the final quarter of the year.
For the three months ended Dec. 31, the Milan-based eyewear manufacturer and retailer posted a 36.2 percent spike in net income to $74.2 million, or 16 cents a diluted American depository share (ADS). That compares with last year’s earnings of $54.5 million, or 12 cents. A single ADS represents one ordinary share.
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?"