MILAN — Despite the challenging economy, sales and profitability at Luxottica Group SpA continued to climb in the third quarter, boosted by ongoing growth in the U.S., an acceleration in Western Europe and a recovery in the Mediterranean region, in addition to gains in the retail and wholesale channels.
In the three months ended Sept. 30, the Italian eyewear maker saw net profit rise 30.6 percent to 138.6 million euros, or $173.2 million, compared with 111.2 million euros, or $150.1 million, in the same period last year.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)