By  on February 28, 2012

MILAN — Luxottica Group SpA closed 2011, the year of its 50th anniversary, with a bang, reporting the highest revenues in its history and a 12.5 percent increase in net profits.

Lifted by retail and wholesale sales globally, the Italian eyewear firm registered net profits of 452.3 million euros, or $628.7 million, for the year ended Dec. 31. Sales totaled 6.22 billion euros, or $8.65 billion, up 7.3 percent compared with 2010.

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