By  on November 7, 2011

MILAN — Italian eyewear maker Safilo SpA on Monday reported a third-quarter net loss of 4.7 million euros, or $6.8 million, compared with a loss 400,000 euros, or $507,920, a year ago, following a negative accounting adjustment as the euro slid against the dollar in the period.

Net sales dropped 3.2 percent in the quarter, to 230.2 million euros, or $326 million, also impacted by currency issues and the sale of the group’s retail chain in Mexico, which took place at the end of 2010.

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