ROME — Luxottica Group SpA said Monday profits increased 8 percent in the second quarter, despite the U.S. dollar’s decline against the euro. Luxottica, whose largest single market by sales is the U.S., said despite currency pressures it’s “well on track” to reach its full-year objectives.
Luxottica, which owns the Ray-Ban and Oakley brands, said net income rose to 162.1 million euros, or $233.2 million, in the three months ended June 30, compared with profits of 150.1 million euros, or $191.5 million, in the same period a year earlier. Earnings per share rose to 0.35 euros, or 50 cents, from 0.33 euros, or 42 cents.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)